18 ms·
The vast majority of bids entered into the opening and closing crosses occur as close to the submission deadline as physically possible. It's just another speed
by dmw_ng 6y ago
The vast majority of bids entered into the opening and closing crosses occur as close to the submission deadline as physically possible. It's just another speed game, as with almost everything else
- hnracer 6y agoThat's sort of what I was saying. They're trying to prevent info leakage hence submit at last moment, which causes volatility in expected match. However, it's not the vast majority, most liquidity is there already more than one second before match. Many ppl have archaic systems and don't care about a bit of extra slippage. I've checked this in some detail.