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See NASDAQ vs other stock exchange operations.
Both models work but the latter requires human intermediaries
who control the transaction traffic (on wall street, known as
"specialists"). The former requires circuit-breaking code to
make sure the speed of light characteristic doesn't lead to
unwarranted responses that cascade into catastrophic results
(see 1987 crash).
len
-----Original Message-----
From: Simon St.Laurent [mailto:simonstl@simonstl.com]
Standardizing the
crap out of business practice and stuffing it into computers sounds like
a game with a very limited long-term payout.
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