2 ms·
Even at subsecond intervals? (I'll note that the bid/ask spread becomes effectively zero every time an actual trade happens -- what if it actually reflected ma
by jbooth 16y ago
Even at subsecond intervals?
(I'll note that the bid/ask spread becomes effectively zero every time an actual trade happens -- what if it actually reflected market prices rather than a bunch of video games competing against each other?).
Does it hurt the buyer and seller more than the little nibbles these guys are taking to smooth out that curve?
I see a lot of paychecks being cut in this industry and I don't see the value being created. Looks like highway robbery to me.
- anamax 16y ago> Does it hurt the buyer and seller more than the little nibbles these guys are taking to smooth out that curve? Why are you assuming that the buyer and seller are hurt? > I see a lot of paychecks being cut in this industry and I don't see the value being created. Looks like highway robbery to me. I don't see the value in smurfs, but don't think that they're "highway robbery". Liquidity, on the other hand, has huge value. Disagree? Try to sell an illiquid asset.