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 Great: 'Flash Boys' hit a three millisecond speed bump

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RR Phantom

RR Phantom

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Great: 'Flash Boys' hit a three millisecond speed bump Vide
PostSubject: Great: 'Flash Boys' hit a three millisecond speed bump   Great: 'Flash Boys' hit a three millisecond speed bump Icon_minitimeThu May 16, 2019 9:49 pm
The "Flash Boys" have suffered another setback.

Great: 'Flash Boys' hit a three millisecond speed bump Aad4fd1faf8d5108e6b94b8a41047790daa95638

Flash Boys was the tag given to high-frequency traders by journalist and author Michael Lewis (of Liar’s Poker, The Big Short and The Blind Side fame). His book of that title described US markets as rigged by exchanges and investment banks in favour of those traders.

Overnight, the US Commodity Futures Trading Commission (CFTC) decided not to block a proposal from an Atlanta-based derivatives exchange, the Intercontinental Exchange (ICE), to introduce a three-millisecond "speed bump" into trading in its gold and silver futures contracts.

https://www.smh.com.au/business/markets/flash-boys-hit-a-three-millisecond-speed-bump-20190516-p51o17.html
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