1. This site uses cookies. By continuing to use this site, you are agreeing to our use of cookies. Learn More.

Macroing the NASDAQ

Discussion in 'Members' Lounge' started by DarkHand, Jul 25, 2009.

  1. DarkHand

    DarkHand Senior Member VIP

    Likes Received:
    Sep 30, 2002
    Chicago, IL
    Stock traders find speed pays, in milliseconds - CNET News

    Remember when macro software was just for MMORPGs?

    Thousands of trades made and canceled electronically in milliseconds, thanks to a loophole that allows certain people to look at other people's trades in advance. They find the highest price those pending trades will bear, and sell their own shares at that price. Higher prices for regular traders with no chance for them to react.
    Last edited: Jul 25, 2009
Draft saved Draft deleted

Share This Page