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Honest question, why would liquidity of anything less than, say a week, be useful? Same question for a day? An hour? A minute? A second...
by mattmanser 13y ago
Honest question, why would liquidity of anything less than, say a week, be useful?
Same question for a day? An hour? A minute? A second...
- lmm 13y agoSuppose we made regular businesses wait an extra week to receive shipments. What if you had to wait an extra minute to launch a new server on AWS? If a fundamentals trader has put in an order to buy a stock they've presumably done so for a business reason and slowing that down slows down their business.
- nodata 13y agoI'm sure not automatically trading hundreds of times per second will not impact their business (unless their business is trading faster than somebody else).
- rayiner 13y agoYC funded a startup that was about selling your old Apple gear quicker than you could on EBay. That's an example of why you'd want more liquidity.