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"These firms said, 'I can eliminate that latency much further by connecting to the exchanges directly,' " Thomas explained.
Discount brokers such as E-Trade, for example, are already experimenting with ways to trade stocks listed on foreign exchanges directly from your laptop.
Burstly emerges from closed beta today and offers a full service, open platform (an open SDK structure) to help iPod touch and iPhone app developers optimize their advertising revenue streams, use a variety of ad networks or exchanges, directly sell or buy ads from other developers, run in-app purchases, rotate different content into ad slots and more.
By contrast, 21 million will be covered by insurance obtained either on the exchanges, directly from a health insurance company or through a broker, which is less than 7percentt of U.S. residents.
But the remaining 15percentt of exchange enrollees and the estimated 9 million people who buy health insurance off the exchanges directly from the carrier or through a broker aren't subsidized and will bear the full brunt of whatever premium increases are coming.
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Bitcoin operates as a peer-to-peer currency, meaning that coins are exchanged directly between individuals.
12. Christmas Shopping vouchers may not be exchanged directly for cash.
The transactions in which one currency is exchanged directly for another are known as spot transactions.
About half of the telephone lines that connect the exchange directly to his firm's trading desk did not work, so traders will have to rely more on regular telephone lines, he said.
The issue stems from the recent finding, made possible by the decoding of several bacterial genomes, that many genes in different species of bacteria are so similar that they appear to have been exchanged directly, perhaps in some act of engulfment or infection.
The Maple Group has announced that it would take its $3.7 billion bid for the TMX Group, the parent of the Toronto exchange, directly to shareholders even as TMX and the London Stock Exchange have set the date for a stockholder vote on their proposed merger.
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