4 ms·
They are market makers not those battling the swings at the micro second scale. Yaron Minsky replied this in some random video I saw a random night, though I ca
by whb07 7y ago
They are market makers not those battling the swings at the micro second scale. Yaron Minsky replied this in some random video I saw a random night, though I cannot recall which.
So their edge isn’t based on speed. They gain more from correctness and ability to express these ideas.
- smabie 7y agoMarket makers are incredibly exposed to ms scale swings since they're warehousing a lot more risk than a HFT firm.