2min chapter

Dwarkesh Podcast cover image

Brett Harrison - FTX US Former President & HFT Veteran Speaks Out

Dwarkesh Podcast

CHAPTER

What's Your Opinion of Periodic Batch Auction Systems?

In theory periodic batch auction systems help mitigate the advantages of high frequency trading. I think in practice the couple of exchanges around the world that used to have those have switched away from them. What country do you feel has the best infrastructure and setup for good markets? I would say the United States except what's happened is US companies like NASDAQ have licensed their exchange matching engine technology to other exchanges worldwide.

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