4 ms·

But doesn't that mean you're at the mercy of the professional HFTs who can "front run" anyone running on your platform?

• kasey_junk 14y ago
  You've hit a pet peeve of mine so sorry about the tirade. People use the term "front run" incorrectly and it is important to point this out. Front running is a very specific activity and is illegal. If there is evidence of front running people need to be prosecuted. That said, I've worked on several systems and never seen any of them that would allow a faster market participant to see your order flow without your permission. This is what front running is. People who don't understand the term seem to think seeing market data before other participants is front running it's not. There have always been and will always be some traders that see (and can react to) market data faster than everyone else. In the era of electronic trading this information latency cost is going down, not going up.