
From the Archives: Measuring the 15-Microsecond Dash with Professor Eric “Batch” Budish
Boxes and Lines
The Importance of Limit Orders in the Stock Market
The limit order is that are the basis of price discovery, but do so in a way that is has at least some form of protection against latency arbitrage. So using a displayed limit order was essentially the first time in the US stock market that you could provide liquidity. But our, but our point and the whole point behind the order type was that fine. It's hard to call something harm when it's, you and it's legal. And again, like these snipes using your term, it's all,It's all legal. It's fine. They get there. Yeah.
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