4 ms·
right, I mean quant trading - i.e. where people actually use data :D you want things relatively standardised, which means using a common unit of account - for m
by tomp 3y ago
right, I mean quant trading - i.e. where people actually use data :D you want things relatively standardised, which means using a common unit of account - for most funds AFAIK that's USD
- nly 3y agoThis is my experience as well. Everything is expressed as 'number to multiply by to get USD' so USDJPY would always be used in-house inverted. British firm as well. Nobody likes the GBP.