071: Eric Hunsader – Rigged Markets, Stealing and Corrupt Regulators w/ Founder of Nanex
Chat With Traders
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The Advantages of Real-Time Compression
A lot of other data providers will squeeze out the information that they don't feel is necessary. I've developed a real-time compression that drops the size of the information by two-a-twentieth of its original size. It was so fast that it actually ended up being, back in the day, faster to compress it and transmit it than not to compress it at all because of the serial latency costs on networks. So the data is tiny, but it's rich with all the information within. The guys who have used it, there's that light bulb moment when they get it. And usually they're just like, oh, that's brilliant. That's just awesome"
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