3 ms·
Tick size is exactly the problem! Tick size means that sales go to the people with the fastest computers, not people offering the best prices.
by judk 13y ago
Tick size is exactly the problem! Tick size means that sales go to the people with the fastest computers, not people offering the best prices.
- w_t_payne 13y agoI agree ... although chasing billionths-of-a-cent margins seems pretty pointless too. It is a good thing that there are lots of other options: Stochastic matching? Auction over order-book?