Yeah, that and SEC Rule 612 (no subpenny prices, as the article mentions) both make bucketing sensible. Have a (1s,$0.01) granularity and HFT pretty much goes away, the National Best Bid/Offer makes sense again, and…
Yeah, that and SEC Rule 612 (no subpenny prices, as the article mentions) both make bucketing sensible. Have a (1s,$0.01) granularity and HFT pretty much goes away, the National Best Bid/Offer makes sense again, and…