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Investing in the New York Stock Market
High speed traders were able to buy technology and data from the exchanges. The signal brad sent to buy ten thousand shares of hewlett packard needed to travel from his desk at one liberty plaza in lower manhattan out to the data centers scattered across the jersey suburbs trading stocks. One press of the button, what i thought was an instantaneous action was actually a series of action that happened over the course of many mill seconds. It's called front running. It's finding out what real investors are about to buy and buying it before they do, so you can sell it to them for a higher price.