Ham radio operators are sounding the alarm over the latest threat to their beloved hobby—and this time, it is coming from Wall Street.
A group of high-frequency trading firms are asking the Federal Communications Commission to open shortwave frequencies to greater commercial use, so they can use radio to zip financial data around the world in milliseconds.
Prominent members of the amateur-radio community say interference from traders’ broadcasts could ruin their hobby, which often involves tuning in to weak radio signals so they can chat with fellow hams in faraway places. Hundreds of hams have filed letters with the FCC opposing the traders’ proposal, and some have railed against the plan in YouTube videos.
‘Click the link below for the entire article in the Wall Street Journal: