Re:'Flash Boys' IEX stock exchange opens for business
by naveen99 on Friday August 19, 2016 @07:36PM
(#12324256)
A clarification on my other sister post: options allow one to lock in a price for cheap even at large volumes. For example expiring options can be bought for nickels in premium, with each one locking in price for 100 shares.
[ Parent
| on HN ]
Re:'Flash Boys' IEX stock exchange opens for business
by tedunangst on Friday August 19, 2016 @09:10PM
(#12324552)
Expiring options are pretty thinly traded, no? If you're trying to sell 100000 shares, you may have a hard time scrounging up 1000 puts at 3:30 Friday.