High-frequency traders have a couple of techniques on stock exchanges: however put simply, they collect cost info faster than anybody else, often even faster than the markets themselves, and also make use of that to make a tiny revenue numerous, several, lot of times. There are all sorts of options: yet it turns out there's a less complex one that includes physics.
Many thanks to Ronan and also all the team at IEX – you can find out even more concerning them right here: or on Twitter at
I fact-checked Ronan's case regarding the SEC white paper because it seemed a bit too excellent to be real, however he's right: see Hu, E. (2018 ). Willful Accessibility Delays, Market Top Quality, and also Rate Discovery: Proof from IEX Ending Up Being an Exchange. SSRN Electronic Journal. [PDF]
Edited by Michelle Martin (@mrsmmartin).
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