Re:A veteran programmer explains how the stock market became...
by pfortuny on Monday April 07, 2014 @06:43AM
(#7545704)
As I read the article, what you claim happens "sometimes" is rather "most of the time, let us say 99.999999% of the time", which is not so acceptable because it almost always (i.e. always) benefits HF traders.
So, I had rather it would be designed in a different way which does not benefit the people with more money. For example, sacrificing latency so that there is no partition. This way, everybody has the same information at the same time, which is the basic tenet of an equal market.
Also, having different routes for different actors (as per the graphs) does not look like a road map to equality.
BTW: I do not get why you have been downvoted although in some sense your comment might be seen as a misunderstanding of the text. But I am surprised.
So, I had rather it would be designed in a different way which does not benefit the people with more money. For example, sacrificing latency so that there is no partition. This way, everybody has the same information at the same time, which is the basic tenet of an equal market.
Also, having different routes for different actors (as per the graphs) does not look like a road map to equality.
BTW: I do not get why you have been downvoted although in some sense your comment might be seen as a misunderstanding of the text. But I am surprised.