| ▲ | ralph84 17 hours ago |
| Or you could just hold auctions a few times per day and eliminate the billions of dollars spent trying to win a pointless race. |
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| ▲ | loeg 16 hours ago | parent | next [-] |
| No one wants four-trades-a-day settlement to save 0.00001% or whatever in trading fees. |
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| ▲ | ralph84 6 hours ago | parent | next [-] | | No one? Mutual funds have managed to attract $33 trillion trading once a day. The demand for millisecond-level trading is almost entirely from a very small group of firms profiting from it. | | |
| ▲ | loeg 4 hours ago | parent [-] | | And they are steadily losing new investment dollars to ETFs, which trade interday. I don't think interday trading is why ETFs are more attractive to all or most investors, but a 0.000001% (or whatever) cost advantage just falls below the noise floor. It isn't worth any other tradeoff. |
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| ▲ | amenhotep 14 hours ago | parent | prev [-] | | That's true, we don't want it to do that, we want it to kill these parasitic entities. Much like one doesn't swat a mosquito because one will truly miss the amount of blood she's taking. |
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| ▲ | naveen99 11 hours ago | parent | prev [-] |
| Then the real trading will just move to hyper liquid or another platform that allows trading in real time. |
