News for hackers. Stuff that matters.

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 nicoburns on Wednesday December 16, 2020 @10:18AM (#25443540)
Why do they get to make the market and you don't? Why do they have the power to set this spread? Wouldn't you also want to e.g. buy $90 and ask $100 to mitigate your own risk? Where does the asymmetry come from?
[ Parent | on HN ]
Re:High-Frequency Traders Push Closer to Light Speed with Cu... by kasey_junk on Wednesday December 16, 2020 @10:28AM (#25443699)
Absolutely nothing prevents you from making a market right now and it’s cheaper than it’s ever been. Download Robinhood. Fund your account. Buy a share. Put a limit order to sell it at one price and a buy order at another lower price. Congrats, you’ve made a market.
[ Parent | on HN ]