4 ms·
...And then we would need arbitrageurs to keep the fast NBBO in line with the slow NBBO, so that people in the two pools can trade with each another.
by totalZero 6y ago
...And then we would need arbitrageurs to keep the fast NBBO in line with the slow NBBO, so that people in the two pools can trade with each another.
- atombender 6y agoWhy? This only affects settlement, not execution. Execution is already "real time".
- totalZero 6y agoBecause the trade has two sides that have to agree on settlement terms.