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That doesn't help if you're transmitting information from Shanghai Exchanges to London trying to gain first mover advantage.
by coob 7y ago
That doesn't help if you're transmitting information from Shanghai Exchanges to London trying to gain first mover advantage.
- TomMarius 7y agoWhy would you do that?
- Tuna-Fish 7y agoBecause there are billions of dollars/year of money in it. Things that happen outside New York have an impact on stock prices in New York. Much of HFT is essentially companies racing each other to be the very first to act on external news/stock movements.
- karanbhangui 7y agoarbitrage
- sudhirj 7y agoBecause when something happens in China companies in the UK and the US that have supply chains there (almost everybody) will be affected.