Ok. That explains the Chicago/NY link. That’s something else!
> On Nov 28, 2020, at 10:11 AM, Ken Hohhof <[email protected]> wrote: > > > I assume it’s a combination of front running, arbitrage, and algorithmic > trading. > > So they exploit slight differences in prices between exchanges in NY/NJ, > Chicago, Seattle, Europe, Asia, etc. Based on knowing what has happened > somewhere else, a few milliseconds before other people know it. I say > people, but it’s probably machines doing the trading, probably specialized > computers built just for HFT. Just like there are specialized computers for > cryptocurrency mining. > > > From: AF <[email protected]> On Behalf Of Tim Hardy > Sent: Saturday, November 28, 2020 7:18 AM > To: AnimalFarm Microwave Users Group <[email protected]> > Subject: Re: [AFMUG] HFT > > Its a lot more complicated than that. https://en.wikipedia.org/wiki/Flash_Boys > > On Nov 28, 2020, at 7:17 AM, Matt Hoppes <[email protected]> > wrote: > > Sure but their operations could be. > > > On Nov 28, 2020, at 1:30 AM, Colin Stanners <[email protected]> wrote: > > > I'm assuming that the Chicago Stock Exchange is quite fixed and immovable, no? > > On Sat, Nov 28, 2020 at 12:21 AM Matt Hoppes > <[email protected]> wrote: > I was talking with someone last week about all the High Frequency Trader > microwave links going up in our area. > > Never thought twice about it until then. > > Why are they building these microwave and fiber networks to the NYSE rather > than just moving their operations center closer to NY? > -- > AF mailing list > [email protected] > http://af.afmug.com/mailman/listinfo/af_af.afmug.com > -- > AF mailing list > [email protected] > http://af.afmug.com/mailman/listinfo/af_af.afmug.com > -- > AF mailing list > [email protected] > http://af.afmug.com/mailman/listinfo/af_af.afmug.com > > -- > AF mailing list > [email protected] > http://af.afmug.com/mailman/listinfo/af_af.afmug.com
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