191
Late Stage Brain Drain
(lemmy.world)
They're called quants. Would you like to know more?
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this post was submitted on 21 Mar 2024
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The countermeasure to this was published, years ago, in a book "Who Gets What, & Why", or something like that, on markets, & how they work.
Millisecond-algorithmic-trading can be broken from all advantage simply by recording trades in 1-SECOND batches.
Instead of seeing the weird event that happened a few years ago, where .. 40% of the market's value disappeared in minutes, & reappeared, as different algorithms 1st sold-off, then bought-in, to companies... ( essentially concentrating wealth quicker than any human could possibly do it ),
it is the slope of the curve that the timing-algorithms are riding.
By changing it from continuous-process to 1-second-batches, you simply break that millisecond-trading category from our markets.
( 1-second is an eon to the millisecond-traders.
I'd say that it'd have to be rejigged, dynamically, in order to put humans & machines on more-equal footing.
Possibly a 4-second cycle would balance fairness to human-traders & machines )
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