Re:Nanex Gets $700k Whistleblower Award from SEC
by CyberDildonics on Wednesday March 02, 2016 @03:57PM
(#11212949)
The benefit? People don't have their order front runned by algorithm which will sell it back to them at a slightly higher price, skimming money off the top to no one's benefit.
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Re:Nanex Gets $700k Whistleblower Award from SEC
by tptacek on Wednesday March 02, 2016 @05:37PM
(#11213610)
Can you explain in as much detail as possible exactly how algorithms are front-running people's orders? Can you do it with an example of a specific kind of order, preferably down to where exactly the order is being placed? Then we can dig into the specifics and evaluate the claim being made here.