Opinion: Rationalizing Latency Competition in High-Frequency Trading
Max Dama, Quantitative Researcher
Introduction There is a common misunderstanding, even among practitioners, that low-latency trading is a waste of human talent and resources that could instead go to advancing physics or curing cancer. It’s been attacked by books like Flash Boys, governments trying to pass transaction taxes, and exchanges bending to pressure by implementing speed bumps or periodic … Continue reading "Opinion: Rationalizing Latency Competition in High-Frequency Trading"