3 ms·
You don't gain anything. GS is in an arms race with other fintech firms to be first in line to act on new information.
by wallace_f 7y ago
You don't gain anything.
GS is in an arms race with other fintech firms to be first in line to act on new information.
- denormalfloat 7y agoThat's not right, you (we) get accurately priced securities. We also get tighter bid-ask spreads.
- wallace_f 7y agoAccurately priced securities 100ms faster (which have had any profit opportunity already arbitraged). Grea.t.
- 9HZZRfNlpR 7y agoThe market is closed so much of the time available for us means we don't need these milliseconds for accurate prices/price-establishing?