News for hackers. Stuff that matters.

A comment on Robinhood Making Millions Selling Out Their Millennial Customers to HFTs. Parent comment

Re:Robinhood Making Millions Selling Out Their Millennial Cu... by nickthemagicman on Monday September 10, 2018 @11:26PM (#17956967)
What is front running?
[ Parent | on HN ]
Re:Robinhood Making Millions Selling Out Their Millennial Cu... by nickthemagicman on Monday September 10, 2018 @11:29PM (#17956979)
Interesting. So basically RobinHood has so many buyers and it lets them see a bunch of trades for a stock right before a large subset of these trades happens, then they HFT trade microseconds before the trade happens and ride the wave upwards? Or vice versa downwards?
[ Parent | on HN ]
Re:Robinhood Making Millions Selling Out Their Millennial Cu... by grzm on Monday September 10, 2018 @11:27PM (#17956972)
https://en.wikipedia.org/wiki/Front_running
[ Parent | on HN ]