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 If high frequency traders could trade faster than the speed of light, we would fall into a black hole or a parallel universe or something

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RR Phantom

RR Phantom

Location : Wasted Space
Job/hobbies : Cayman Islands Actuary

If high frequency traders could trade faster than the speed of light, we would fall into a black hole or a parallel universe or something Vide
PostSubject: If high frequency traders could trade faster than the speed of light, we would fall into a black hole or a parallel universe or something   If high frequency traders could trade faster than the speed of light, we would fall into a black hole or a parallel universe or something Icon_minitimeMon Apr 28, 2014 11:11 pm

Even the FBI is pursuing them after the publication of the Michael Lewis' book, Flash Boys, a true story of high frequency traders fixing sharemarkets. How the FBI is going to arrest a robot I don't know. Computers that trade at lightning speed, unsupervised, save for the algorithm programs in their software to the point they can initiate their own trades, do have the jump on everybody else. Except maybe other robo-trading computers, that is.

They see all the other orders plus announcements to and from the ASX a millisecond before everybody else - still long enough to make a killing. They can also manipulate the market with fake orders that would be illegal for a broker.

If high frequency traders could find a way of trading faster than the speed of light they would, in which case, according to physicists, we would fall into a black hole or a parallel universe or something. But let's worry about that when it happens.

Read more: http://www.smh.com.au/money/sharemarkets-rigged-by-trading-robots-20140426-37avz.html#ixzz30F1Kdx2f
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If high frequency traders could trade faster than the speed of light, we would fall into a black hole or a parallel universe or something

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