3 ms·

This may be dated info, but IEX (exchange) purposely ran longer than necessary fiber to slow down the speed of automated trading.

• dsacco 9y ago
  Did they really? It's incredible how wasteful some organizations can be in pursuit of a misguided sense of "fairness."
  • kasey_junk 9y ago
    They did it for marketing not fairness. It added 350 mikes and some of their orders bypassed it. Having a ‘speedbump’ was the trendy thing a bit ago in exchanges with several different ones opening with several different versions.
    • ngz00 9y ago
      Still a thing, that and the tick size.