4 ms·
Another strategy, as we've seen recently with mtgox, is to DDoS a trading service while placing massive amounts of tiny limit orders on it.
by pixelcort 13y ago
Another strategy, as we've seen recently with mtgox, is to DDoS a trading service while placing massive amounts of tiny limit orders on it.
- niggler 13y agoSomeone discussed it here a while ago: https://news.ycombinator.com/item?id=2828804 https://news.ycombinator.com/item?id=2828804 "Most platforms slow down when there is an influx of orders into the market. Some are designed to force events during the process (which allows for action while prices move, but the prices may be stale) and others are designed to process all feed messages before forcing an event (which ensure prices are more up-to-date but doesnt allow you to make a trade earlier) Suppose you are betting that this represents a market rally or collapse (directional). Then, you can make money by figuring out the direction of the move (aggressive processing of the first few messages in a burst) and get involved before every other system catches up in the feed." I imagine there isn't much money to be made in doing that on the equities or futures markets nowadays.