4 ms·
Nobody needs THAT much liquidity. The difference between trading in 1 millisecond and 1 second is negligible for all practical purposes.
by lwat 16y ago
Nobody needs THAT much liquidity. The difference between trading in 1 millisecond and 1 second is negligible for all practical purposes.
- wglb 16y agoNo, the difference between 1 millisecond (and the latency of the good exchanges is smaller than that) means that the faster guy gets the trade, and you don't. You don't provide the liquidity, you don't get the trade. Or, worse, you get half of a two-part trade that you were going to do, and you are stuck holding something or owing something.