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Level 19
· ◆◆◆◆ · ~12 min
Latency & the Queue Race
Latency & the Queue Race
"Speed is worth money for a reason most people get wrong: the valuable thing is not being first to trade, it is being first to cancel."
latency and the stale quote problemthe race to cancel vs the race to takelatency arbitrageco-location and the technology arms racespeed bumps and batch auctions
A short lesson, then a quiz. ❤️×3 — a wrong answer costs a heart; finish with at least one left and the level is yours. Lose all three and you'll have to try again. Replay any time — XP and cleared levels are never lost.