- T B
- Saint Louis, MO
- United States
Synchronize clocks amongst different stock markets
Instead of building these trading platforms in the middle of the ocean, or a fiber optic line between NY and Chicago, could we not synchronize clocks exactly to one another in order to save us from having to all compete in this unnecessary way? I realize there is a honesty factor involved but that can be solved by a regulated trusted third party that is responsible for ensuring the time is exact.
Am I wrong?