3 ms·
>If you do random priority then it's asymptotically equivalent to size priority. Why? I immediately thought of the Central Limit Theorem but I am not sure
by curiousgal 8y ago
>If you do random priority then it's asymptotically equivalent to size priority.
Why? I immediately thought of the Central Limit Theorem but I am not sure
- srtjstjsj 8y agoA random sample of shares is naturally biased to whichever shares are part of the same large order. (If I offer to trade 9 shares, and you offer to trade 1, I have 9x the change of one of my shares being traded instead of yours)