Here's a short paper that covers some of the high-frequency trading, direct market access, low-latency, etc., jargon and an example of applying it to India - http://papers.ssrn.c...stract_id=1795782
The best way to win at this is to get information earlier than your competitors... ;-)
http://online.wsj.co...963191421602.html
Short of that, I can't offer any first-hand knowledge, but this came up in a search. Perhaps it will be helpful - https://www.google.c...bv.48705608,d.dmg (26 page .PDF)
Try to give us a little warning if you see another apocalypse coming, 'k?
Good luck!
Cheers,
Scott.