News for hackers. Stuff that matters.
Re:Google and Nasdaq Pursuing Nano-Second Precision in Netwo... by zeth___ on Sunday July 01, 2018 @06:32PM (#17438053)
How is that different to the current alternative dark pools?
Re:Google and Nasdaq Pursuing Nano-Second Precision in Netwo... by geofft on Sunday July 01, 2018 @07:25PM (#17438285)
Dark pools are a special case of this phenomenon, yes, but they're different from regular stock exchanges precisely because they're dark. Some market participants prefer them, and some don't. But a hypothetical "light pool" would be strictly preferable to NASDAQ-but-weekly - it's almost always in every participant's individual interest to trade immediately instead of waiting up to a week and randomly getting orders filled or not.