4 ms·
Sure. All I was saying is that it's theoretically possible for a market order that a customer submits online to be front-run (as opposed to a market order submi
by samolang 8y ago
Sure. All I was saying is that it's theoretically possible for a market order that a customer submits online to be front-run (as opposed to a market order submitted to a single exchange). No clue how often it happens in practice.
- physguy1123 8y agoIt's theoretically possible and has always been for somebody to see order execution in progress and trade ahead of it. In practice, that's frequently just a side effect of somebody being so slow that their actions trigger quant algorithms, it's not a super profitable game trying to latency arb proper market sweeps anymore (not to say latency is not important in but, but it's usually for other reasons)