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> machines don't hold clients trades while they jump infront of them. Does machine trading actually bring anything with it that discourages that? I would think
by a3n 12y ago
> machines don't hold clients trades while they jump infront of them.
Does machine trading actually bring anything with it that discourages that? I would think that it would make it easier to do that as a defacto business model.
- jeffreyrogers 12y agoWell, it's illegal, and presumably it's harder to cover up a machine doing it (since it's in the source code) than a human who could just deny doing anything wrong.
- serve_yay 12y agoNo, it just looks different now. (It looks like spending crazy amounts of money on a wired connection to be 4ms ahead of the other guy.)
- kjs3 12y agoImmutable activity logging.
- yummyfajitas 12y agoYes - if you put multiple queues into your software, that's pretty easy to spot and prove in court. It's a bit harder to prove if the queue lives in your broker's head.