So my understanding is that instead of sending out the order in 1 block (which would be sent to each individual exchanges separately and front-run), they'd split the orders up into separate (smaller) pieces with the first order going to the slowest exchange first and the last order going to the...
He did answer your question. You must not know what you're talking about.
To mitigate the risk, you simply would put in a stop and pray it doesn't gap 100%. He's not a magician. I'm pretty sure you could have answered that one yourself.
Russia banning bitcoin isn't fundamental? I think you're in the wrong business buddy. Take your blinders off.
BTC is beginning to turn into a crazy cult. You guys and Heaven's Gate are beginning to show some scary similarities.