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What HFT fund doesn't push orders they have no intent to trade on? AFAIK decent crossing networks such as EBS/ICAP rate-limit orders anyway, because they can't
by kranner 16y ago
What HFT fund doesn't push orders they have no intent to trade on? AFAIK decent crossing networks such as EBS/ICAP rate-limit orders anyway, because they can't have half their customers arrested.
- HockeyPlayer 16y agoWe don't. And I suspect that most HFT firms don't. There are both market and regulatory risks in placing an order you don't want to fill.