Max Bowie: Speed Is Nothing Without Control
Technology in the financial markets is often compared to Formula One race cars: Each represents the pinnacle of its industry, and speed is critical to both. Readers who follow F1 will be aware of Mercedes GP’s controversial “double-DRS” system, which some say breaks the spirit—if not the letter—of the F1 rulebook.
In F1, the drag reduction system (DRS) is a movable rear wing that can be activated to reduce drag, thereby increasing speed and allowing easier overtaking. Mercedes’ “double-DRS”
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