Re:Goldman Sachs is spending $100M to shave milliseconds off...
by NohatCoder on Friday August 02, 2019 @11:04AM
(#20593501)
In a turn based market your place in the queue is determined only by the price you bid. Everyone trades at the same price, except for those who bid too high/low, they don't trade.
These systems are already running in many markets, typically at a rate of one trade round per day, but using them is optional.
These systems are already running in many markets, typically at a rate of one trade round per day, but using them is optional.