They are market makers not those battling the swings at the micro second scale. Yaron Minsky replied this in some random video I saw a random night, though I cannot recall which.
So their edge isn’t based on speed. They gain more from correctness and ability to express these ideas.
i don’t doubt it. But that’s what he said. Very few people alive in this specific field with this much domain knowledge. Are you his peer in this respect ?
So their edge isn’t based on speed. They gain more from correctness and ability to express these ideas.