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Pretty cool idea. It’s effectively a day-cadence stock exchange. This would make for a fairer market than what we have now.
by nobodyandproud 2y ago
Pretty cool idea. It’s effectively a day-cadence stock exchange.
This would make for a fairer market than what we have now.
- tivert 2y ago> Pretty cool idea. It’s effectively a day-cadence stock exchange. > This would make for a fairer market than what we have now. It would also give people time to think, instead of pushing them to automated trading based on NLP processing of headlines.
- nobodyandproud 2y agoThis is also true. Intraday trade halts happen on occasion and for good reason, and removing a natural brake would lead to further exploitation and problems. The IEX stock exchange was made to make longer term trade more attractive but I think the vision was too limited to have the impact they were hoping to have.