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What is the Pacific Project?
According to the downloaded documents: the Pacific project is an ongoing initiative of the TPMP (Trans-pacific Marketplace) consortium comprising the Los Angeles, Seattle, Vancouver, Tokyo, Shanghai and Hong Kong stock exchanges, in collaboration with Global Express Platform and Sumitomo, the leading providers of fiber optics for financial services. According to the TPMP website (http://www.tpmp.org/mission, no longer online since late october 2025), the mission of the Pacific project is to create "an archipelago of hubs located along the 180th meridian, with auxiliary stations in yesterday and tomorrow [i.e., on both sides of the international dateline], and thus take advantage of the Pacific Ocean's most important natural resource, "its liminal position between the present and the future, and its strategic ability to create latency times ever closer to the speed of light."
What is Latency?
The period of time that elapses between the placement of an order on the servers of a financial market and its execution.
What is High Frequency Trading?
High-frequency trading (HFT) is a trading method that uses powerful computer programs to process a large number of orders in fractions of a second.
What is Volatility?
Volatility is a measure of the variation in the price of a financial instrument over time.