By Katia Moskvitch, BBC News
A new high-speed undersea data cable has opened to traffic in Asia. The 7,800km Asia Submarine-cable Express (ASE) connects Japan, Malaysia, Singapore and the Philippines. It transfers data via an optical fibre system at 40 gigabits per second, and is three milliseconds faster than any other cable between Singapore and Tokyo. The gain in speed may sound small, but could prove critical to financial trades made out of the region. So-called “high frequency trades”, controlled by computers, involve making what may be hundreds of thousands of transactions in less than a second – all determined by a program that tracks market conditions.
http://www.bbc.com/news/technology-19275490
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