the flash boys by michael lewis shows how important it is to be 1 millisecond ahead of the competition, and how much that millisecond is worth to the bigger techier hedge funds and what they'll do to get that advantage. getting the info quicker and trading on that info before anyone else is where they make a lot of their money. the trading systems like you say pick up on rumours tweets then trade with no human interaction just triggers set by the programmers / traders. that first roaring kitty tweet must have set trading systems alight when it came out.
hopefully the upwards moves will keep going, felt like 2021 all over again this morning.
the flash boys by michael lewis shows how important it is to be 1 millisecond ahead of the competition, and how much that millisecond is worth to the bigger techier hedge funds and what they'll do to get that advantage. getting the info quicker and trading on that info before anyone else is where they make a lot of their money. the trading systems like you say pick up on rumours tweets then trade with no human interaction just triggers set by the programmers / traders. that first roaring kitty tweet must have set trading systems alight when it came out.
hopefully the upwards moves will keep going, felt like 2021 all over again this morning.