3 ms·
Note: they can really only "frontrun" you if you are making a massive trade. Even then, from the other side it's not really perceived as frontrunning, rather as
by mjfl 8y ago
Note: they can really only "frontrun" you if you are making a massive trade. Even then, from the other side it's not really perceived as frontrunning, rather as "getting out of the way" of a huge order that's going to change the price. You don't want to be the one that sold them some stock for $1 that they will immediately push to $10, which then you will have to buy back for $10, as you are the market maker...
- BubRoss 8y agoIt isn't just getting out of the way. HFTs see the big order and realize it is too big for one exchange, so they buy from the other exchanges before the rest of the order gets there.