Many hedge funds have paid through the nose for properties in buildings next door to exchanges so that they can take advantage of the lower connection latency.
If you can get an order in first, you can get ALL of the orders in first. Price differentials are arbitraged to zero by the first player.
HFT algorithm developers are paid a lot of money to write programmes that run faster than the next investor's programmes.
Yes.
Many hedge funds have paid through the nose for properties in buildings next door to exchanges so that they can take advantage of the lower connection latency.
If you can get an order in first, you can get ALL of the orders in first. Price differentials are arbitraged to zero by the first player.
HFT algorithm developers are paid a lot of money to write programmes that run faster than the next investor's programmes.