This should be understood as high frequency stock traders fighting for turf. One shop tries to access broadcasting bands to enable higher powers, thus, more reliable transmission, by multiplexing the payload with general purpose economic news - allegedly. Another HFT shop is trying to preempt this.
The race for speed in financial markets has reached a point where no existing fiber optic or satelite based system can compete; the state of the art are short wave radio that bounce back on the ionosphere and enable intercontinental communication at the speed of light over the shortest path and with no intermediary hops. Fiber optics, for contrast, can only do about 2/3 of the speed of light and impose non-direct routes and multiple hops.
The race for speed in financial markets has reached a point where no existing fiber optic or satelite based system can compete; the state of the art are short wave radio that bounce back on the ionosphere and enable intercontinental communication at the speed of light over the shortest path and with no intermediary hops. Fiber optics, for contrast, can only do about 2/3 of the speed of light and impose non-direct routes and multiple hops.