3 ms·

Why is it challenging? What conceivable valuable function does front-running serve?

• dsacco 9y ago
  High frequency trading is not front running. It's becoming truly kafkaesque how often this claim comes up on Hacker News.
  • theseatoms 9y ago
    Or kafkaesque how often these separate concepts are conflated in popular usage.
• harryh 9y ago
  First you have to tell me what you think front running means. Originally front running had a very specific definition: Someone who has a fiduciary responsibility to me cannot use my trading interests to execute their own trades before they execute my trades. This sort of thing is clearly wrong because it can result in someone I've hired delivering subpar execution prices to me. However the term has expanded a lot over the years to mean a lot of different things to a lot of different people. So what does it mean to you?
• gnaritas 9y ago
  You don't know what front-running means, and HFT's aren't doing it.