Cassie Heart
@cassie
One thought that comes to mind now that robinhood is bringing stocks on chain: HFT arbitrage is about to go wild given chain throughput vs their tightly integrated connections to stock exchanges
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vrypan |--o--|
@vrypan.eth
Not so sure: > For example, the London Stock Exchange's Millennium Exchange platform operates with an average latency of 126 microseconds, but ultra-low latency systems can complete round-trip executions in under 10 milliseconds. https://www.luxalgo.com/blog/high-frequency-trading-vs-retail-algorithmic-trading/
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Cassie Heart
@cassie
Indeed, and arbitrum's block time is 250ms. Lots of room for arbitrage
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SQX
@sqx
Wai t. Wait. Wait. You mean tradefi is going to get giant spreads out of this. Don’t tell me the ‘private’ shares are going to be massively inflated too. I’ll stick to my broker when I do stocks. Are they going to allow lending? Do you get the voting rights? Can you restrict lending? Are we making 1% defi pools 🤣🤣🤣🤣
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