How to slow down a stock exchange
What it is
Tom Scott visits IEX, a stock exchange that slows down trading with a long coil of fiber. The coil removes the speed advantage of high-frequency traders.
Why Hacker News recommends it
Cited as a quick, visual explanation of IEX's deliberate latency and of artificial delay as a fairness tool.
- 1 people recommended it
- 1 different months
- 0 strong recommendations
- first 2019, last 2023
What HN commenters said
“Tom Scott did a nice video [1] on IEX's setup with 38 miles of fiber”
Explains IEX using fiber coil to add fairness delay
m0rphling, 2019-08 · Recommendation · in “Goldman Sachs is spending $100M to shave milliseconds off stock trades”
Excerpts from Hacker News comments, linked to the originals. Summaries and labels were written by a language model from those comments.
Topics: iex, stock exchange, latency, fiber, market fairness
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