3 ms·
Sure there is. The idea isn't to quantize to arbitrarily long times, but to make it long enough compared to the time of information generation and more importan
by pishpash 9y ago
Sure there is. The idea isn't to quantize to arbitrarily long times, but to make it long enough compared to the time of information generation and more importantly, communication. Otherwise you may as well give up the notion of a common market. The number may not be a minute but it sure as hell ain't a nanosecond.
- harryh 9y agoThe real world is continuous. It cannot be quantized.
- dragonwriter 9y ago> The real world is continuous. It cannot be quantized. I thought modern physics leaned more toward “the real world is quantized, but the quanta are small enough that things usually seem continuous to human perception.”
- harryh 9y agoHeh. Perhaps that is true. But since we're all up here operating at speeds far slower than planck time I am gonna cheat and call it continuous. For the discussion at hand it is true enough.
- pishpash 9y agoWhat a fatuous comment. The real world satisfies laws of physics. Your fantasy of a continuous single market doesn't exist. This (information coherency) problem has been solved many times in engineering and the solution is quantization.
- harryh 9y agoI do not have that fantasy. I'm sorry if I gave you the impression that I did. I have communicated poorly somehow if that is the case.
- pfortuny 9y agolike 32 bit fixed point continuous?
- r00fus 9y agoFinance is NOT the real world. Lets not pretend that stock movements obey some sort of "universal laws" or such nonsense.