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Are you saying you're okay with the price at which you're purchasing a security being driven up (if infinitesimally), at your expense, so that someone else can
by rosser 13y ago
Are you saying you're okay with the price at which you're purchasing a security being driven up (if infinitesimally), at your expense, so that someone else can pocket the delta?
- lotsofpulp 13y agoRegardless of what's fair or not, wouldn't a buy limit at the maximum you're willing to spend solve this problem?
- 001sky 13y agono
- wdewind 13y agoI guess specifically I didn't like the way he phrased it, as if they are stealing data somehow. In fact they bought the access. Other than a clock rate (or 60km limiting box, as shown in the video) I'm not sure how you would create rules against HFT. I'm also not convinced if HFT is a net win or loss for economy, I'm not even sure how to consider it.
- deleted 13y ago[deleted]
- brianbarker 13y agoHow does buying access matter? It's like giving access to see other player's cards in poker (because you're a high roller) and then making bets based on it. The rest of the players only see their cards and the river. That's not a fair game.