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.
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.