Latency arbitrage: a tax credit for low latency traders
Latency arbitrage is in the news again today, as the Wall Street Journal published a story titled Fast Traders’ New Edge. This “edge” is not exactly a “new” trading technique, or even a new story. It has been well chronicled over the last year in the press. In fact, the Journal published an article more than a year ago on precisely the same topic. But it is a popular topic, the...read more