3 ms·
Basically the lesson here is: don't underestimate how stupid HFT algorithms can be, especially when there isn't really a penalty for doing this. I've worked at
by sonthonax 5y ago
Basically the lesson here is: don't underestimate how stupid HFT algorithms can be, especially when there isn't really a penalty for doing this.
I've worked at an above board HFT with a big crypto desk, and this happened constantly.
- dqpb 5y ago> especially when there isn't really a penalty for doing this Executing unprofitable trades is its own perfect penalty, is it not?