4 ms·
That may have been the case in the 1990s, but isn't 10 seconds an eternity in today's HFT world? You'd need to arrange the sale off the exchange.
by jpatokal 9y ago
That may have been the case in the 1990s, but isn't 10 seconds an eternity in today's HFT world? You'd need to arrange the sale off the exchange.
- joering2 9y agoNo you wouldn't. Its not like hundreds of big fish is waiting at their keyboard trying to push "BUY 10MM stock" at the right spot, because it might show up at the stock exchange. These "deals" are secret as of when they take place. As I said, you get on the phone, 3 seconds one party post "BUY 10MM", second party post "SELL 10MM". Done and done.