3 ms·
Seems like that kind of thing would be implemented on the algorithm side, not the market.
by phinnaeus 7y ago
Seems like that kind of thing would be implemented on the algorithm side, not the market.
- jaywalk 7y agoYou'd hope so, but why not have protection on the other end as well?
- TallGuyShort 7y agoIt probably doesn't make sense for an individual actor to stop trading when all the assets it holds are tanking. Everyone's selling to cut their short-term losses. Crashes aren't always feedback loops.
- AgentME 7y agoNo one would self-impose the limit on themselves, because you could profit if you trade while everyone else isn't trading.
- azernik 7y agoYou do not want to trust your market's health to some random trading firm's coding skills and goodwill, just like you wouldn't open up a public webservice without some basic rate-limiting.