monaceio -- Innovation In Motion

Monday, April 7, 2014

The mystery behind FCC License # 1215095 in Michael Lewis's Flash Boys

According to the registration from the public website, Converge Towers LLC emerges into the surface. However, if you dig deeper, a HFT (High Frequency Trading) firm Tradeworx Inc apparently is the actual beneficial of the technology.

FCC registration:
PA-011A (1215095), Potter Township (Lat: 40.849278 Lon: -77.710778), Type: Tower, Structure height: 60 m, Overall height: 60.6 m, Call Sign: WQPR883
Assigned Frequencies: 6256.54 MHz, 10995.0 MHz
Grant Date: 07/31/2012, Expiration Date: 07/31/2022, Certifier: Arzhang Kamarei
Registrant: Converge Towers, LLC, 770 Broadway, 2nd Floor, New York, NY 10003, Phone: (646) 495-6356, Email: akamarei@epsilonnetworks.net

The Wall Street Journal also provides some insight about the Mystery on this particular topic. goo.gl/8V9MfM

To learn more of High Frequency Trading and Wall Street Dark Pools, you can read Michael Lewis's Book, Flash Boys: A Wall Street Revolt

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