3 ms·
As well as making the current bids invisible, you can reduce the auction times considerably - once per second, for instance.
by joosters 9y ago
As well as making the current bids invisible, you can reduce the auction times considerably - once per second, for instance.
- osrec 9y agoYes absolutely. The SETS order book (London SE) now runs an intra day auction at 12pm where it limits the amount of info available during the auction. It is a price forming auction - it aims to decide a fair price for the stock while limiting information to participants. See: http://www.lseg.com/markets-products-and-services/our-markets/london-stock-exchange/equities-markets/trading-services/domestic-and-european-trading-services/sets/sets-intra-day-auction http://www.lseg.com/markets-products-and-services/our-market...
- gnaritas 9y ago> once per second, for instance. That won't change anything, he who trades first still wins, HFT will still exist.