• ToastGhost [he/him]
    ·
    3 years ago

    theres a stock exchange that attempts to make trading fairer by sending all traffic through a 30 mile spool of fiber optic cable.

      • ToastGhost [he/him]
        ·
        3 years ago

        yes, i think their idea was preventing rapid trading that relies on down to milliseconds fluctuations in the market. even when a human literally cant perceive it, the line go up definitely still has real world meaning. :jokerfied:

    • sam5673 [none/use name]
      ·
      3 years ago

      What they should do is add a randomised timer to each trade before it is processed ranging from 10 min to 1 hour

      • ABigguhPizzahPieh [none/use name,any]
        ·
        3 years ago

        Wouldnt this still favor the faster system? If your signals are faster, then they're going to be faster on average than the slower system's signals even if you add random extra time to each signal.

        • Melon [she/her,they/them]
          ·
          3 years ago

          Everything is now OTC, and stock prices are only updated at the end of the day after close.

          The first three seconds after the opening bell account for the vast majority of all trades.

        • sam5673 [none/use name]
          ·
          3 years ago

          The randomised wait should drown out any millisecond difference with noise