4 ms·
Couldn't it also just be clock skew on a host or local datacenter which set off a chain reaction? I mean, I know that traders are probably pretty anal about ac
by dice 14y ago
Couldn't it also just be clock skew on a host or local datacenter which set off a chain reaction?
I mean, I know that traders are probably pretty anal about accurate clocks, but mistakes do happen.
- roc 14y ago> "mistakes do happen." Absolutely. I'm just saying there isn't much justification to assume it was a mere mistake. Particularly given the trades that show up just after the report was released, but before a person could conceivably process them and initiate the relevant strategy. That alone suggests gamesmanship, even if the "early" trader went earlier than he meant to.
- dlitz 14y ago> Particularly given the trades that show up just after the report was released, but before a person could conceivably process them and initiate the relevant strategy. Couldn't they be trading based on some natural language processing algorithm?
- roc 14y agoCould be. Are those sufficiently advanced that anyone would be confident-enough to wager amounts, based on their results, of the order at issue here?