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.
This is categorically not what HFT firms are doing.