2 ms·
At the beginning of 3. does the HFT have your order or are you saying that the market moves before the HFT receives the order? As far as I know the first case
by foobarqux 13y ago
At the beginning of 3. does the HFT have your order or are you saying that the market moves before the HFT receives the order?
As far as I know the first case is prohibited (actual front running). I don't see an obvious problem with the second case though there might be subtlety that I am missing.