Australian (ASX) Stock Market Forum

Derivatives traders in Tasmania?

42S

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Any derivitaves traders operating from Hobart full time ? , Located in Singapore at present but looking to move back for Lifestyle.

I have heard that the place is going to be the first for superfast NBN 100MBS .?
This would make life easy .

If anyone is operating from there ( futs) I would be interested to know connectivity etc.

:)
 
Re: Tasmania

I'm not in Tassie, but the plan for the NBN network is being trialled there at present and AFAIK the plan is in place for a rollout in July (2009).

I have seen a couple of newpaper articles about this:

"The Tasmanian government, in conjunction with Aurora Energy, will construct a fibre to the premise network which will deliver speeds of 100 megabits per second, connecting over 200,000 Tasmanian households and businesses,", from http://www.australianit.news.com.au/story/0,25197,25307829-15306,00.html

and

http://www.australianit.news.com.au/story/0,25197,25312652-15306,00.html

Speed of 100 Mbps ... wow!
 
Re: Tasmania

Whilst hardly making it the Gib of asian pac it would be handy ? ,I was just interested to see if anyone was operating from there at the moment. I have only heard of 1 other trader down there :) ,
 
I'm no derivatives trader but I do live in Tas.

I can confirm that Aurora broadband plan does seem to be happening. Indeed they've been putting cable in the ground for years and are already active in the government and corporate communications market.

I take it from your comments that you previously lived in Tas?
 
well i have land at white beach, and telstra laid cable along the boundry last year..

a great place..wish i was living there now..
ac;)
 
has land and a house in the southern huon valley , traded from there for a year , no probs with broadband speed at time . bit slow when it came to movie downloads tho , but fine for my trading platform etc etc

and agrees .great place , looking forward to going back
 
has land and a house in the southern huon valley , traded from there for a year , no probs with broadband speed at time . bit slow when it came to movie downloads tho , but fine for my trading platform etc etc

and agrees .great place , looking forward to going back

Nunthewiser, your post sounds like Golum.

gollum.png
 
Waiting for the 2 headed tasmanian jokes to come :D , but as a former local ( biased ) a very nice place to live .

Great place for kids to grow up beats Sing hands down .
 
How are you going to get around that little issue called tax? Isnt that why you moved to Singapore in the first place? ;)
 
Go Tassie!!:D I am waiting patiently for my wife to realise that she really wants to go back to work after having finished producing our three wonderful kids, then I can get stuck into some serious trading. Love living here and would firmly encourage all traders to move here and we can lobby the govt to make it a tax haven for traders;):D
 
Also in Tas. No derivatives here. Just stocks. Based in Hobart. Ec. development dept. seemed upbeat a few weeks back re: broadband plan creating new opportunities for Tas etc etc. Hoping for the best.
 
42s the high speed pipe to your door is not going to help with scalping futs.

Fine if you are downloading a 10 meg file but of no use with trading. What is of more concern is the latency of the connection. And the further away you are from your broker and the exchanges the bigger the latency.

What you will find is that you are getting 20 - 100 meg speed at your end to the first exchange but from there it goes through about 20 other exchanges and each box really slows things down. Not just your orders but the data coming to you from the exchange.

Find someone in tassie who can do a ping or Traceroute to test your broker and data provider.
 
I would be willing to do this
But i don't know how

For IB Hong Kong

start --> run --> cmd

Type into the box that comes up,

ping gw1.ibllc.com.hk



For a trace to see how many hops it takes to get to the broker type this,

tracert gw1.ibllc.com.hk
 
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