Regarding "Wachovia and Others: Trading at the Speed of Light" and answer the questions below.

Q1. What competitive advantages can the companies described in this case derive from the use of faster technology and co-location of servers w/ the exchanges?

Q2. Tony Bishop of Wachovia stated that "Competitive advantage comes from your math, your workflow and your processes through your systems." Referring to what you have learned in chapter 2, develop opposing viewpoints as to the role of IT, if any, in the development of competitive advantage.

Q3. The technologies described in this case represent an example of how different barriers to the flow of goods and information are being overcome by the use of IT. Brainstorm what barriers to commerce you see there and how IT may help to do away with them.