On 2/17/12 11:47 , Kiriki Delany wrote: > Why not just simultaneously settle all trades at the same time? Once every > minute, or every 5 minutes, or per day? > > There are many solutions to the problem. I'm sure those that can take > advantage of the latency don't want the solution.
Ask yourself where the incentives are that drive the observed behavior. > > Kiriki Delany > > -----Original Message----- > From: Leo Bicknell [mailto:bickn...@ufp.org] > Sent: Friday, February 17, 2012 10:54 AM > To: NANOG > Subject: Re: Hi speed trading - hi speed monitoring > > In a message written on Fri, Feb 17, 2012 at 01:36:35PM -0500, > valdis.kletni...@vt.edu wrote: >> Am I the only one who thinks that if network jitter can make you fall >> outside the acceptable price window, maybe, just maybe, the market is >> just too damned volatile for its own good? > > I've had an interesting discussion with some financial heads about a simple > idea. > > What if the exchange, on every inbound trade, inserted a random delay, say > between 0 and 60 seconds, before processing it? > > Almost all of this computer based, let's be closer to the exchange stuff > becomes junk, immediately. Anyone "long" (where long is probably more than > 10 minutes, with a 60 second jitter) in a security wouldn't notice. > > I mean, if the general public has to get 15 minute delayed quotes so they > don't manipulate the market, shouldn't the big guys? :) >
