It’s Time for Real Time Settlement

Re:It’s Time for Real Time Settlement by tptacek on Tuesday February 02, 2021 @08:52PM (#26009673)

When humans did all the trading, it cost drastically more to trade, all that money went directly into the pockets of market insiders, and the whole market was crooked as a barrel of fishhooks. Google "odd eighths scandal".

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Re:It’s Time for Real Time Settlement by jpambrun on Tuesday February 02, 2021 @10:35PM (#26010332)

You can't access this high speed trading. This is the toy of billionaires that can afford microwave link between New York and Chicago and have dedicated teams of FPGA developers to write high speed network stacks with trading logic embedded in them.

This is what the parent comment was talking about.

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Re:It’s Time for Real Time Settlement by tptacek on Tuesday February 02, 2021 @10:42PM (#26010362)

I don't need to be able to access high speed trading to access the benefits!

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Re:It’s Time for Real Time Settlement by jpambrun on Wednesday February 03, 2021 @07:18AM (#26012941)

I have friends who work for such firm, both are FPGA designers, the company has a microwave link because speed of light in fiber is only 2/3c. Hundreds of people are working there for the sole benefit of the private owners.

It's possible I was confused.. I thought you were complaining about the inequality between high speed traders and mere humans clicking on web pages..

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Re:It’s Time for Real Time Settlement by yellowstuff on Tuesday February 02, 2021 @11:14PM (#26010543)

HFT trade with retail. Your comment doesn’t make much sense.

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Re:It’s Time for Real Time Settlement by technobum on Tuesday February 02, 2021 @11:12PM (#26010534)

In case anyone else got very confused, FPGA has nothing to do with female golf.

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