Nematic liquid crystals exhibit a fast optical response when the applied electric field modifies the degree of order but does not change the direction of molecular orientation. The effect requires a relatively high electric field, on the order of 10 8 V/m for a field induced birefringence change of 0.01. To address this detrimental issue, this work explores electrically induced modification of the order parameter in a material with a giant dielectric anisotropy of +200. A relatively weak field 7 3 10 V/m causes a significant change of birefringence, by about 0.04. Both switching on and off times are ~10 µs. The effect is called a microsecond electrically modified order parameter (MEMOP) and can be used in electro-optical devices, such as fast electro-optic shutters, phase modulators, and beam-steerers that require microsecond response times.