4 ms·
That may or may not be true, but it's irrelevant in this case. The bot is basically front-running the market, or trying to anyway, by trading directly on a sti
by Kadin 10y ago
That may or may not be true, but it's irrelevant in this case. The bot is basically front-running the market, or trying to anyway, by trading directly on a stimulus that the market (potentially) takes time to internalize and react to.
If this worked, I'd expect the HF funds to start doing it too, and even faster, and then the advantage would be destroyed.
- lorenzhs 10y agoThis is not front running (which is illegal). It's trying to be faster than people who trade manually based on the same info. The term front running has a pretty clear definition, it's roughly when a broker trades on your orders before executing them.