3 ms·
That was my first thought too. Since sometimes these are sub-second trades, it'd be interesting to look at whether they're physically possible (i.e. whether spe
by clord 11y ago
That was my first thought too. Since sometimes these are sub-second trades, it'd be interesting to look at whether they're physically possible (i.e. whether speed of light is respected.) Would explain stuff like [0].
[0]: http://www.washingtonpost.com/blogs/wonkblog/wp/2013/09/24/traders-may-have-gotten-last-weeks-fed-news-7-milliseconds-early/ http://www.washingtonpost.com/blogs/wonkblog/wp/2013/09/24/t...
- hueving 11y agoWell if it doesn't respect the speed of light then they didn't wait for it to become public. What your parent was inferring was waiting for the news to actually hit the wire so it does look legitimate.