3 ms·
Low latency trading should be forbidden. The exchanges should add random amounts of latency to every trade.
by kwhitefoot 3y ago
Low latency trading should be forbidden.
The exchanges should add random amounts of latency to every trade.
- infecto 3y agoWhy? Historically spreads have been much wider, I for one appreciate how close they trade now. Instead of a guy on the floor taking dollars from you, you have a bot taking pennies. Even large funds like Vanguard have said that the current system has reduced costs in net.
- arcza 3y ago> Instead of a guy on the floor taking dollars from you, you have a bot taking pennies. ^ excellent way to put it
- smabie 3y agoThey do it's called exchange jitter. And you still have HFT
- kwhitefoot 3y agoAdd more jitter.