3 ms·
> Best we could tell someone was front running us due to an artificial delay for our account (delay between trades went to ~20ms up from our prior steady speed
by bhl 7y ago
> Best we could tell someone was front running us due to an artificial delay for our account (delay between trades went to ~20ms up from our prior steady speed of 3-7ms) and/or a bunch of the trades in the orderbook were bogus.
I wouldn't be surprised, given that traditional HFT companies are building cryptotrading desks and they have a lot more capital to play with too.
- jstanley 7y agoYou can't simply front-run someone else by having deep pockets. The only way that is possible is if you gain privileged information about that person's orders before they actually hit the book. The most practical way to do this is to be the exchange.
- traK6Dcm 7y agoOr to pay the exchange a large sum to get privileged access :)
- crazypyro 7y agoSeems they just simply could sell a faster connection and just call it an "institutional feed". Regulated financial exchanges basically do this already.
- johnvonneumann 7y ago> You can't simply front-run someone else by having deep pockets. Well you can, as was discovered in the Haim Bodek HFT shit storm.