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?
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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.