5 ms·
> "I assume that most ATS's are located within a short distance of each other." ... if only. Reg NMS is a massive headache. This sort of price convergence wo
by nihilum 14y ago
> "I assume that most ATS's are located within a short distance of each other."
... if only. Reg NMS is a massive headache. This sort of price convergence would be better left to the arbitrageurs. Let the market deal with the light speed issues instead of trying to regulate physics.
- paulsutter 14y agoFascinating. Even more interesting. Thanks for the information.