2 ms·

Frontrunning is definitely shady, but (from what I've read) only a small subset of HFT firms actually have the setup to do it. Those firms have custom FPGAs imp

by getsat 15y ago

Frontrunning is definitely shady, but (from what I've read) only a small subset of HFT firms actually have the setup to do it. Those firms have custom FPGAs implementing the minimum amount of the Infiniband spec because anything else is too slow. They also pay a boatload to colocate their servers physically right next to the exchange backbones. Most HFT is not frontrunning.

joezydeco 15y ago
...but there apparently is enough of it where a 60 mSec advantage is worth the $1,500,000,000 investment.
- getsat 15y ago
  Frontrunning isn't measured in milliseconds. It's microseconds (and soon nanoseconds).