[billybudd]

How many people trade stocks and currencies in the US? A tiny fraction. And for that tiny fraction, it is worth their while to invest in a high-speed connection. This is neither an argument for widespread broadband coverage, nor an argument for 100mbit lines.

This article doesn't talk about the cell networks, it's saying that high-speed landline connections are critical to our economy. The issue with the cell networks deals with how the FCC auctions off spectrum. Right now, it's not a very open system, but maybe things will change with the new FCC rules in response to Google.

[Bogey78O]

Having a 10Mb/s line is simply having a line capable of transferring a certain volume of information is a certain amount of time. Technically latency would play a far bigger role in terms of speed. Having a line that can respond in 15ms is far and away better for a trader or buyer than a 10Mb/s line with 120ms response time.

[garyhope]

“How many people trade stocks and currencies in the US?”

I don’t know the exact figure, but I think it’s lots now. The internet, broadband, new trading software and brokers has increased the numbers a lot recently and it’s growing.

You couldn’t trade currencies as an individual just a few short years ago, now you can. The Forex market is the largest financial market in the world.