Agreed. This isn’t a responsible use of spectrum, unlike, say commercial shortwave broadcasting. This practice is purely about gaining a pay-for-play advantage in high frequency stock trading over traders that can “only” communicate across the country via fiber internet links. No net benefit, even for the stock traders, who will be hurt by this more often than they can take advantage of it. Sure, sell HF licenses to commercial users, but this is a bad idea.
I’m hoping the comments against this terrible are heard over the filthy lucre the “liquidity generators” are throwing at politicians.
The radio spectrum is a common good and needs to be regulated accordingly.
Agreed. This isn’t a responsible use of spectrum, unlike, say commercial shortwave broadcasting. This practice is purely about gaining a pay-for-play advantage in high frequency stock trading over traders that can “only” communicate across the country via fiber internet links. No net benefit, even for the stock traders, who will be hurt by this more often than they can take advantage of it. Sure, sell HF licenses to commercial users, but this is a bad idea.