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No, it's not looking over his shoulder at his laptop. It's actually seeing his trades on a public exchange at the exact same time that everyone else sees them.
by harryh 13y ago
No, it's not looking over his shoulder at his laptop. It's actually seeing his trades on a public exchange at the exact same time that everyone else sees them.
- crdoconnor 13y agoExcept not: >A direct feed from one exchange could be $10,000 to $60,000 a month. If the SIP is no longer real-time, it means that people who want to get real-time data have to pay, well, significantly more. It’s no exaggeration here to say you go from $1 a month to well over $100,000, with your own networking staff and a room full of computers just to get real-time pricing. http://www.washingtonpost.com/blogs/wonkblog/wp/2014/04/04/a-veteran-programmer-explains-how-the-stock-market-became-rigged/ http://www.washingtonpost.com/blogs/wonkblog/wp/2014/04/04/a...
- harryh 13y agoComputers and data center space cost money. You think the exchanges should just give that sort of thing away for free?