Re:Timekeeping in Financial Exchanges
by bananaface on Sunday October 11, 2020 @03:10PM
(#24748217)
Some forms of HFT work by getting information from other exchanges before you, then front-running on price differences.
[ Parent
| on HN ]
Re:Timekeeping in Financial Exchanges
by denotational on Sunday October 11, 2020 @03:48PM
(#24748516)
Front-running usually refers to a fairly specific scenario in which a brokerage or fiduciary executes orders as principal prior to dealing on behalf of their client so as to benefit from a market movement they anticipate will be caused by the client's orders.
This is categorically not what HFT firms are doing.
Re:Timekeeping in Financial Exchanges
by SamReidHughes on Sunday October 11, 2020 @03:30PM
(#24748361)
That's not what front-running is.
Re:Timekeeping in Financial Exchanges
by lucaspauker on Sunday October 11, 2020 @03:33PM
(#24748397)
This is arbitrage, not front running. Front running requires not-public information.