7 ms·
That doesn't really help if the HFT firms can simply pay to be first in line during each tick.
by crdoconnor 13y ago
That doesn't really help if the HFT firms can simply pay to be first in line during each tick.
- nodata 13y agoDepends how you implement it (a window for placing bids would be one way).
- crdoconnor 13y agoThis wouldn't help either. HFT operators would race to extract as much information from the bidders during the window (e.g. by bid stuffing) and place the bid during the last possible femtosecond before it closes.