[AusNOG] AusNOG Digest, Vol 3, Issue 53

[Martin - StudioCoast]

Bandwidth almost always depreciates in value making it a bit of an odd 
choice for derivitives trading. I mean, who would be the counterparty 
and why?


On 29/05/2012 8:41 PM, Bevan Slattery wrote:
> Read the third paragraph down on how "bandwidth derivatives trading" can
> be interesting fun! :)
>
> http://books.google.com.au/books?id=VzAfWR86_FYC&lpg=PA13&ots=IxO-Y46Z9V&dq
> =enron%20used%20bandwidth%20qwest%20mark%20to%20market&pg=PA13#v=onepage&q=
> enron%20used%20bandwidth%20qwest%20mark%20to%20market&f=false
>
> And James if you have an Enron document I'd love to get a copy for
> old-times-sake :)
>
> [b]
>
> On 29/05/12 8:24 PM, "Bevan Slattery"<Bevan.Slattery at nextdc.com>  wrote:
>
>> Sorry Carl.  I think you are I are on slightly the different wavelength :)
>>
>> The special notation included in the original posters line before is
>> "derivative".  Not normal product or service, but "bandwidth derivative
>> trading" i.e. derivative/futures contract in which you actually don't buy
>> and sell the product, but a derivation thereof.  Bandwidth deriviatives
>> markets (excluding basic future contracts) are generally the dream of
>> financial engineers all but snuffed out in 2001.
>>
>> Bandwidth buy/sell exchanges are typically a market where people buy/sell
>> excess capacity, the prime product for their own use.  Not for some
>> derivation thereof.
>>
>> Sorry if my response created some confusion.
>>
>> Cheers
>>
>> [b]
>>
>> PS:  And yes I was jet lagged for the second time in my life at ITW :)
>>
>>
>> On 29/05/12 4:15 PM, "carl gough [mobsource]"<carl at mobsource.com>  wrote:
>>
>>> Bevan, You and ted must of been totally jetlagged at ITW. Did you not see
>>> the resurgence? Bandwidth Trading is not a new concept, but to make it
>>> work effectively it will have to address a couple of prerequisites to be
>>> successful. A network of buyers and sellers has to be created, contracted
>>> and connected for instant pricing, inventory management and delivery of a
>>> defined and standardised service. The market "is" now mature enough to
>>> offer such a service
>>>
>>>
>>>> Message: 10
>>>> Date: Tue, 29 May 2012 05:17:42 +0000
>>>> From: Bevan Slattery<Bevan.Slattery at nextdc.com>
>>>> To: Paul Wilkins<paulwilkins369 at gmail.com>, Oliver Eyre
>>>>       <oliver.eyre at bigair.net.au>
>>>> Cc: "ausnog at lists.ausnog.net"<ausnog at lists.ausnog.net>
>>>> Subject: Re: [AusNOG] bandwidth trading
>>>> Message-ID:<CBEA98BD.31CE9%bevan.slattery at nextdc.com>
>>>> Content-Type: text/plain; charset="us-ascii"
>>>>
>>>>
>>>>> I look forward to bandwidth derivatives trading.
>>>> Think Enron.  They did bandwidth trading (including derivatives inc.
>>>> mark-to-market) before their implosion.  Check out "Smartest Guys in the
>>>> Room".  Great doco.
>>>>
>>>> [b]
>>>>
>>>>
>>>
>>
>>
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