4 ms·
I find this comically unlikely.
by jdhendrickson 3y ago
I find this comically unlikely.
- brutusborn 3y agoWhat makes it unlikely?
- RandomLensman 3y agoBecause everyone getting richer from removing uncertainty isn't a risk to start with.
- brutusborn 3y agoWhat about a single actor getting rich and leaving everyone else’s certainty unchanged?
- RandomLensman 3y agoOnly works with fairly limited riches, otherwise what is happening leaks out (kind of playing out that way already).
- brutusborn 3y agoHow would it leak out?
- RandomLensman 3y agoTransactions and positions are not all necessary super secret. People and other machines notice things. You need to take a lot of care to be unnoticed unless tiny and once you move to much it is basically impossible (might not know who you are, but might notice your actions and the impact).
- brutusborn 3y agoHaving info on someone’s trades doesn’t mean you know the basis for their trades. And by the time they have executed the trade any leaked info becomes less valuable. If that were the case then adversarial HFT algorithms wouldn’t work.