Rogue trader lived in the suburbs because faster internet there gave him split-second advantage over City dealers worth millions of pounds
From dailymail.co.uk
Suspected rogue trader Navinder Sarao lived in his parents' modest home because it gave him a split-second advantage worth millions of pounds - and a potential £40million offshore nest egg. His family's semi-detached house in suburban West London is closer to an internet server used by one of the major financial exchanges, giving him a nanosecond advantage over rivals in the City. His thousands of high-frequency trades could be processed faster than those from dealers in Central London, giving him a massive commercial advantage. Sarao, 36, was dubbed the 'Hound of Hounslow' after it emerged he lived at home with his ...
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