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A comment on High-Frequency Traders Push Closer to Light Speed with Cutting-Edge Cables. Parent comment

Re:High-Frequency Traders Push Closer to Light Speed with Cu... by Arnt on Wednesday December 16, 2020 @09:57AM (#25443251)
Yes, so you can, at least if you explain persuasively that this is better than the status quo. Without considering it carefully, it seems to be tilted towards whover has the lowest latency, except that in this scheme what matters is being able to get your offers in last before the deadline, based on the latest information from other exchanges.
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Re:High-Frequency Traders Push Closer to Light Speed with Cu... by maest on Wednesday December 16, 2020 @04:06PM (#25448655)
A sibling comment links to the research, if you're interested in knowing more, but there are ways of making latency matter less. E.g. with a blind auction, if you hide the order book as it's being built (so you get no indication of built up demand), you can considerably reduce the impact of low latency
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