Yeah I’d love to know what the effects of limiting trades, to say, one second granularity would be.
I see the importance of market making etc in general, but I don’t see it for millisecond latencies.
I see the importance of market making etc in general, but I don’t see it for millisecond latencies.
Second is the risks to market makers goes up, which means they need to acquire more edge to cover that risk, which in turn widens the bid-ask spread, which makes prices for retail traders worse and will likely reduce liquidity as well.