4 ms·
I agree that can make sense for something like ES, but what about crypto? ;) Edit: maybe non-penny-pilot options trading > $3 are a better example of a product
by evdubs 7y ago
I agree that can make sense for something like ES, but what about crypto? ;)
Edit: maybe non-penny-pilot options trading > $3 are a better example of a product with a large tick size.
- logicchains 7y agoFor crypto the network overhead and variance in the exchange probably makes the performance of the order book implementation irrelevant, unless it's horribly slow, haha.
- evdubs 7y agoSome exchanges are doing colocation and are investing resources to greatly improve matching engine performance. It's become a little better than when they were all written in Ruby and hosted on a cheap cloud service.
- logicchains 7y agoAh that's cool. Still I'd be surprised if there's many that are deterministic enough that a microsecond or two of response latency makes a big difference.