3 ms·
How is it any different from arbitrage? If I see the price of ES move in Chicago before others and trade SPY in NY based on that, is it front-running? Somebody
by hft_throwaway 13y ago
How is it any different from arbitrage? If I see the price of ES move in Chicago before others and trade SPY in NY based on that, is it front-running?
Somebody will make that trade, so we're really just arguing over who gets the money.