3 ms·
An interesting related question might be: what happens when a subset of buyers can react quickly, but the rest react slowly? And ditto for a subset of sellers.
by rcthompson 15y ago
An interesting related question might be: what happens when a subset of buyers can react quickly, but the rest react slowly? And ditto for a subset of sellers.
- dingfeng_quek 15y agoThe fast ones become rich. They perform trades equivalent to front-running and/or scalping. The enterprising fast becomes a middleman to the slow.
- andrewcooke 15y agothe slow ones go out of business.