3 ms·
"Therefore, when the information was officially released in Washington, New York should see it 2 milliseconds later, and Chicago should see it 7 milliseconds la
by beefman 13y ago
"Therefore, when the information was officially released in Washington, New York should see it 2 milliseconds later, and Chicago should see it 7 milliseconds later."
At which millisecond was the information "officially released"? Which of Bernanke's phonemes were decisive? Or do we know to the millisecond when the Fed's site was updated?
I suppose the coincidence between Chicago and New York is still a thing. Everyone receiving the leak agreed to fire at a particular time, and nobody jumped the gun?
- andyzweb 13y agofor those who didn't spot it the parent commenter stated they had a short position in GLD before the edit
- beefman 13y agoTrue. I try to make such disclosures whenever there's a chance it could influence what I'm writing. I decided this comment didn't need one. I put a tremendous amount of effort into writing accurately, concisely, and without commercial or other influence. Feel free to google me. I'm beefman here and on Wikipedia, Carl Lumma or clumma everywhere else.