Hacker News new | past | comments | ask | show | jobs | submit login

Yeah, totally, it really just gives a flavour of how the structure of price levels and price/time priority, tick sizes, etc. can create exploitable probabilistic advantages, and I think many folk are not aware of even this.

The real environment is absolutely messier and more complex than described by this article. Still, it's a layer deeper than "speed is good", to paraphrase Gordon Gekko.




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: