Ham Radio Enthusiasts vs. High-Frequency Traders: A Battle for the Airwaves

High-frequency trading firms are requesting the use of shortwave frequencies, sparking concerns from ham radio operators who fear interference with their hobby.

August 5, 2023 . 3:37 PM

1 min read

High-frequency trading firms are asking the FCC to open shortwave frequencies to greater commercial use.
Ham radio operators are concerned that this could interfere with their hobby and chat with fellow hams.
Traders want to transmit with up to 20,000 watts of power, while amateurs are capped at 1,500 watts.
The Shortwave Modernization Coalition, including trading giants like Jump Trading Group and Virtu Financial, argues that the fears are overblown.
Shortwave is useful for HFT firms to send rapid updates about price moves across oceans.