3 ms·
Or, if the markets really wanted to fix this problem (assuming it is a problem, I'm not so sure) they could add a small delay to canceling trades. That would i
by nostromo 10y ago
Or, if the markets really wanted to fix this problem (assuming it is a problem, I'm not so sure) they could add a small delay to canceling trades. That would increase the risk and cost of a spoofing strategy.
- yummyfajitas 10y agoThat would also make it more difficult for market makers to price discriminate between large traders (e.g. Goldman) and the little guys (you with your eTrade account). The result is that you'll pay more and Goldman will pay less to trade. https://www.chrisstucchio.com/blog/2014/fervent_defense_of_frontrunning_hfts.html https://www.chrisstucchio.com/blog/2014/fervent_defense_of_f...
- Houshalter 10y agoThey will find some other way to price discriminate of course.