for several hours 98% of the internet and phones are cut due to earthquake in taiwan. the fibercable under sea is cut. it will be fixed within 2-3 weeks. during that period, only 20-30% the internet can be used, so a lot of lost transactions.. i remember seeing somebody trading on a boat to avoid tax. i wonder the price to use it, and if it is global or only for America, Europe, or Asia... I assume ONE satellite can only cover certain areas of the earth.
Satellite internet as I understood it was being phased out about 5 years ago. It was more expensive than cable and dsl and not much faster than dial up. As I remember it, upload speed was about 70 mbps max and it was about $80/ month.
Satellite internet is alive and "well". I use Hughenet everyday and now there is one called Wildblue. Don't know if it is available for you, though. Here is an old thread with some info: http://www.elitetrader.com/vb/showt...504&perpage=6&highlight=direcway&pagenumber=1
My father inlaw uses Starband and has some pretty good speeds. Price is not too bad either. He is remote and getting a wire stretched to him is too $$$. Good hunting!
http://www.segoviaip.com/index.html The Department of Defense is the largest user of this service but many civilians are also using it (even for trading).
just wonder what will you do if both internet and phone are cut due to an earthquake, while you have open positions used 90% of the margin. lucky me that i have a balanced portfolio and has been using 90% margin for 3 years overnight, so i got used to the worry. i can not image those with forex open positions suddenly can not trade...