Re:How the Stock Market Works
by Iv on Monday August 05, 2019 @04:52AM
(#20612441)
My proposal is to randomize the order at which orders arrive. Market makers are largely algorithms by now anyway.
Send orders all day, clear them once a day. Calculate the resulting quote.
Let go of the illusion that the real value of companies change every nano second. The fact that stock exchanges close at night and that for 12 hours, values don't change proves that it is not a necessity.
Having 12 hours instead than a few seconds to think about the impact of a given news on the stock market is going to give room to breath for actual investors.
Send orders all day, clear them once a day. Calculate the resulting quote.
Let go of the illusion that the real value of companies change every nano second. The fact that stock exchanges close at night and that for 12 hours, values don't change proves that it is not a necessity.
Having 12 hours instead than a few seconds to think about the impact of a given news on the stock market is going to give room to breath for actual investors.