HFT is dead Long Live Quantum Trading

'Zero-latency trading' a reality - 1st quantum computer system for financial industry was reveiled at TradeTech

Quantum computing has been a dream of physicist and sci-fi fans for decades; a form of computing technology that uses individual atoms to transmit and process data at speeds hundreds of times faster than current 'classical' silicon computers. Unsurprisingly, since its unveiling, one of the first industries to monetise the phenomenon is Electronic Trading / Quantum Trading.

DMC Technologies officially announced that they will be unveiling their first system that utilises 'Bose-Einstein Condensates' - groups of atoms that vibrate in perfect unison, creating what is termed by eminent physicist and renowned futurologist, Michio Kaku as 'super atoms':

By combining the processing power of super atoms with quantum entanglement [the 'pairing' of atoms over large distances] we are now able to teleport data - up to a certain size - literally instantly. “Silicon valley could become a rust belt."

The new machines will exploit the properties of these Super Atoms to transmit trading data using 'quantum teleportation', which by definition operates with zero latency. According to a DMC Technologies spokesperson, Head of Particle Research, Dr. Douglas Templeton, this could be the dawn of a new age of computing:

"Whilst the internet allowed computers to communicate on a mass scale, the technology had to become small enough and cheap enough to provide at the consumer level. This we do not envisage being possible for at least 10 years, however we believe this technology will revolutionise the financial industry almost overnight, which will provide the funding we need to eventually make Quantum Computing as portable and ubiquitous as the iPhone."

The first working prototype was unveiled at TradeTech 2011,the leading conference of the ElectronicTrading industry, on 12 - 14 April, but to find out more about Quantum Computing right now, visit the DMC Technologies corporate website.