3 ms·
Adding this sort of friction would increase spreads. Market makers are a net positive for markets (who buys/sells when no one else wants to?), and I don't see a
by darrin 3y ago
Adding this sort of friction would increase spreads. Market makers are a net positive for markets (who buys/sells when no one else wants to?), and I don't see any downside to allowing them to manage risk and trade quickly. I think the way to increase fairness is to change the way orders are matched.
- yxhuvud 3y agoAnother way would be to allow higher price granularity to allow more competition on price rather than speed.