3 ms·
As someone with zero domain knowledge, why aren't the exchanges already doing precision timed order processing? HF traders give the exchanges a nice cut (coloc
by ktRolster 10y ago
As someone with zero domain knowledge, why aren't the exchanges already doing precision timed order processing?
HF traders give the exchanges a nice cut (colocation costs, etc). Not many corps can afford it.
- SEJeff 10y agoWhat? It generally only costs a few thousand dollars per month to colocate servers next to exchanges. Arguably, it is more fair now than it ever was in legacy "open outcry" markets where the size of the floor was fixed and if you didn't get a spot on it you weren't able to compete. Disclaimer: I've worked in HFT 9ish years (10 soon)