Google and Nasdaq Pursuing Nano-Second Precision in Network Time Protocol

Re:Google and Nasdaq Pursuing Nano-Second Precision in Netwo... by unclebucknasty on Tuesday July 03, 2018 @01:58AM (#17447893)

I don't dispute that HFT can reduce spreads. The question is whether that benefit may come at some expense to smaller investors.

See the previous link I posted. Also, of course, "Flash Boys" by Michael Lewis. There is no shortage of discussion around this question.

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Re:Google and Nasdaq Pursuing Nano-Second Precision in Netwo... by tptacek on Tuesday July 03, 2018 @12:52PM (#17451719)

How does that question even make sense? By definition, the spread is a tax investors --- including small investors --- pay to buy or sell a holding. In what way could they possibly benefit from wider spreads?

Regarding Flash Boys: I don't know of a single person who works in trading who has stuck up for that book. I strongly recommend "Flash Boys: Not So Fast", which debunks it but is also much more interesting from a technical perspective than Lewis's book.

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Re:Google and Nasdaq Pursuing Nano-Second Precision in Netwo... by unclebucknasty on Tuesday July 03, 2018 @10:00PM (#17454840)

>in what way could they possibly benefit from wider spreads?

Never said that.

We seem to be having trouble communicating. It happens. Thanks for the discussion.

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