if the trades that violate the price time rule cease, how different would the performance of the traders be?
"Empirically there is a 1.7 cps difference in profitability for a posted share that is first in line vs one which is last in line" (pg 17 from the document linked above. You have read, that, right?)
There's what sounds like a reasonable proposal in that document too.
"Empirically there is a 1.7 cps difference in profitability for a posted share that is first in line vs one which is last in line" (pg 17 from the document linked above. You have read, that, right?)
There's what sounds like a reasonable proposal in that document too.