> If an order couldn't be taken down until N minutes had elapsed, orders would represent real liquidity. I have nothing to say about HFT, but this is terrible.

> If an order couldn't be taken down until N minutes had elapsed, orders would represent real liquidity. I have nothing to say about HFT, but this is terrible. For meny reasons. Thia is requesting every buyer/seller to be in effect be on a laggy connection. It would not be possible to look at the market and 'decide' as every buyer/seller is on the same lag.