3 ms·
> 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
by tivert 3y 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 3y 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.