摘要： Now I'll discuss a policy proposal which might mitigate the harmful effects of the race for latency, while giving better prices to speculators.
Why HFT's race each other
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The Subpenny rule - A minimum wage for HFT's
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As with a classical minimum wage, two parties are harmed - the purchaser (who must pay extra) and the lower priced seller (who is pushed out of the market).
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Full Text： chrisstucchio.com
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