Would eliminating the sub-penny rule remove the need to use this strategy? If th... | Hacker News

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eru on July 11, 2016 | parent | context | favorite | on: Hedge Fund Wants to Use Atomic Clocks to Beat High...

Would eliminating the sub-penny rule remove the need to use this strategy? If there were basically an infinite number of points orders could be resting, you could just get in an epsilon above or below some other fund's order to get ahead in the queue?

kasey_junk on July 11, 2016 [–]

Chris Stucchio ('yummyfajitas) has argued precisely that. I tend to agree with him but can't say for sure.

eru on July 12, 2016 | [–]

Ha, I even linked to his blog where I got that idea from in another post.

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