2 ms·
And the sell orders will move in a matter of microseconds, right? It's not just automated trading, it's automated high frequency trading, where trading firms em
by mort96 3y ago
And the sell orders will move in a matter of microseconds, right? It's not just automated trading, it's automated high frequency trading, where trading firms employ armies of excellent low-level programmers to shave off clock cycles from the trading algorithms to be the first company to react to market changes.
- jjav 3y agoYes, it is fun to watch this in the level 2 quotes (although the true high frequency stuff is surely in and out before it has time to show up, I assume). Put an order at the bid or the ask (depending on direction) and move it up or down a penny and watch all the other nearby open orders instantly reshuffle.