2 ms·
Why would markets need sub-millisecond liquidity?
by d--b 9y ago
Why would markets need sub-millisecond liquidity?
- poikniok 9y agoWhy do you need more than 640K of ram?
- vostok 9y agoSuppose I am making markets in SPY. I need to know where everything else is trading so that I can price it. If my prices are stale by a millisecond then I get filled on my SPY market making orders, but can't get my hedge in the other products because the market has moved against me.