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A comment on A High Frequency Trader's Apologia, Part 1. Parent comment

Re:A High Frequency Trader's Apologia, Part 1 by nandemo on Tuesday April 17, 2012 @08:54PM (#3855857)
Tokyo Stock Exchange uses the "itayose" method for its opening auction:

http://www.tse.or.jp/english/faq/list/stockprice/p_b.html

But yeah, it wouldn't be a good method for an every-N-seconds auction.

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Re:A High Frequency Trader's Apologia, Part 1 by Drbble on Tuesday April 17, 2012 @11:46PM (#3856381)
Why wouldn't it?
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Re:A High Frequency Trader's Apologia, Part 1 by nandemo on Wednesday April 18, 2012 @03:55AM (#3856973)
Sorry, I meant to say "the every-N-seconds auction is not a good idea, even with the itayose method". The reasons are basically the ones traversal mentioned above.
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