3 ms·
This and other exchanges need to be running 24/7, in large part to level the trading field for retail investors. The backend should be handled invisibly behind
by psychlops 4y ago
This and other exchanges need to be running 24/7, in large part to level the trading field for retail investors. The backend should be handled invisibly behind the scenes. There should further be an exchange version of a Netflix chaos monkey running constantly to ensure such a critical infrastructure is robust.
The fact that these systems do not exist is an exchange problem, not a "staffer".
- bagacrap 4y agowhy do retail traders "need" to exist? Retail traders realistically have only luck to rely on to beat hedge funds and banks. What they do is akin to gambling, which is on net quite negative for those who participate in it and heavily regulated. Retail traders don't serve any purpose in our society. They don't help with efficient allocation of capital and anyone who might be an actual savant in trading can join or start a firm rather than staying independent and unlicensed.