3 ms·
the idea (or the lie, depending on your perspective) is that the market price converges to a fair valuation, based on the information available at the time. tru
by leetcrew 6y ago
the idea (or the lie, depending on your perspective) is that the market price converges to a fair valuation, based on the information available at the time. true or not, it is important that market participants mostly believe this, lest the whole thing unravel at once.
I'm not sure exactly what these traders are suspected of doing, the article is rather scant on details.