U.S. high-frequency traders aiming to build radio towers taller than the Shard in a tiny village in the English countryside have been criticized by local planning officials ahead of a crucial council meeting next week.
Three traders are behind plans to build two vast masts in Kent to clip milliseconds off trading speeds between London and Frankfurt, but the size of the towers has attracted local opposition.
The fate of the masts will be decided at a Dover council meeting on Thursday, which will judge whether to overrule residents' protests and a report last week by a local planning official that they would damage views of the landscape, which contains the remnants of a Roman fort.
The standoff highlights the lengths to which electronic traders are prepared to go to receive valuable trading data before rivals, by beaming information over hundreds of miles using radio microwaves. ...
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https://www.ft.com/content/048c59a0-df26-11e6...7c-be108f1c1dce
