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Here's how firms capitalize on one aspect of high-frequency trading known as co-location: after paying a fee to an exchange, firms are allowed to co-locate, i.e., rent server space within or near the NYSE or another exchange's computer servers to get access to trading statistics faster - just milliseconds faster - than competing investors. This is just one of the techniques that have come to light in recent weeks as the result of a paper by Sal Arnuk and Joseph Saluzza, co-founders of Themis Trading...

Author: /time Magazine | Title: High-Frequency Trading Grows, Shrouded in Secrecy | 8/5/2009 | See Source »

...smart idea with a silly acronym. WWOOF, short for World Wide Opportunities on Organic Farms, connects cash-strapped travelers with farms in need of extra hands. The lodging-for-labor combo means volunteers pay only for transportation, plus a small fee for access to host-farm listings in one of the 92 countries through wwoof.org Rita Garand, a stay-at-home mom in Montreal, loved her stint on a lavender farm in Italy this May, where her family spent five hours a day weeding. But would-be WWOOFers should ask about specifics, advises Mark Phillips, a Boston sales associate...

Author: /time Magazine | Title: Go Organic, Literally | 8/3/2009 | See Source »

...annual fee that is usually less than $100, members can access thousands of listings for apartments, condos, villas, suburban homes and farms around the world. Initial contact is made through the sites via e-mail, with subsequent communication usually by phone. Before a match is made, potential swappers tend to talk a lot as part of a scoping-out phase that one exchange site likens to online dating...

Author: /time Magazine | Title: Home Exchange: Trading (Vacation) Places | 8/3/2009 | See Source »

...story of Sir Edward's "death pact" was at first sight an irresistible love story. His wife Joan, 74, a former ballerina, had a diagnosis of terminal liver and pancreatic cancer; because assisted suicide is illegal in Britain, they traveled to a Zurich clinic, where, for a fee of about $7,000 per patient, the group Dignitas arranges for death by barbiturate. "They drank a small quantity of clear liquid and then lay down on the beds next to each other," their son Caractacus said. They fell asleep and died within minutes, he reported, calling it a "very civilized" final...

Author: /time Magazine | Title: Going Too Far with Assisted Suicide? | 8/3/2009 | See Source »

Another option: outsourcing services such as fee collection, campground administration, general maintenance and security to private firms for less than what it currently costs state park employees to manage...

Author: /time Magazine | Title: State Parks Look for Ways of Surviving the Budget Ax | 8/3/2009 | See Source »

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