4 ms·
I'd settle for once per second. There's a lot of very fast trading nonsense which I've only heard defended with the "liquidity" bogeyman. A sealed-bid uniform
by colechristensen 8mo ago
I'd settle for once per second. There's a lot of very fast trading nonsense which I've only heard defended with the "liquidity" bogeyman.
A sealed-bid uniform-price batch auction seems like the right action.
- jjmarr 8mo agoIt's your God-given right as an American to get millisecond level price discovery. Trading delays sounds like Communist bureaucracy.
- fc417fc802 8mo agoEven once per second seems like overkill. That interval would still largely just facilitate the weaponization of exceedingly low information latency. 30 seconds seems reasonable, 1 minute better, and 5 minutes still better. In all honesty even going as long as 30 minutes should still facilitate all legitimate purposes.