Goldman Sachs is spending $100 million to shave milliseconds off stock trades

[Banjo]

https://www.cnbc.com/2019/08/01/gol...n-to-shave-milliseconds-off-stock-trades.html

 

[Stockolio]

Well it pays very well front running the PPT, Ken Griffin knows all about it

 

[RedDuke]

Still amazes me every time, if front running is done by human it is jail time, if done by algo it is millions in a bank. Go figure.

 

[ironchef]

Still amazes me every time, if front running is done by human it is jail time, if done by algo it is millions in a bank. Go figure.

DOJ can always jail the computer.

 

[RedDuke]

DOJ can always jail the computer.

Lol very true

 

[Scataphagos]

Apparently it's OK to steal.... if you're only stealing a "little bit per trade" and you're the "right person" doing it.

 

[eastern_warrior]

The race to zero latency wouldn't be as big an issue if it weren't for the multitude of exchanges and inherent issues with a consolidated data feed. Would be easy to level the playing field with current technology but I doubt it will happen - too many vested interests.