3 ms·
According to this older HN posted article the way to slow down HFT strategies is get rid of the subpenny rule, such as pricing securities in increments of $0.00
by pakled_engineer 11y ago
According to this older HN posted article the way to slow down HFT strategies is get rid of the subpenny rule, such as pricing securities in increments of $0.0001
https://www.chrisstucchio.com/blog/2012/hft_whats_broken.html https://www.chrisstucchio.com/blog/2012/hft_whats_broken.htm...
- vostok 11y agoI'm not sure that this would slow down HFT, but it might cut costs for consumers. It would definitely be a good idea to have different tick sizes for different products as it's odd that the most liquid products and the least liquid products might both have a 0.5bps tick size in the US. If you do reduce the tick size you'll need to make some changes to internalization to reduce the toxicity of lit venues.