On: Goldman Sachs is spending $100M to shave milliseco...

[alkibiades]

who gets the priority in order fulfillment placed in that second? otherwise you have the same issue. the brokerage might also be tempted to make money by front running those trades since that have all the trades in front of them for a second before needing to be fulfilled

[ramblerman → alkibiades]

Let’s say Priority is made random. In other words It doesn’t pay to play at the second level.

As for bad actors you are 100% right but assume they can be trusted or regulated to behave for now.

I’m just interested if removing HFT at less than minute scope as it would have been before PCs would actually impact the world negatively.

[alkibiades → ramblerman]

would it impact it positively? why?