tulla236a
2 horas hace
what would happen if we had this kind of volume now.
Jun 13, 2024 4.9600 5.3900 4.9400 5.2000 5.2000 33,608,500
Jun 12, 2024 5.1300 5.4500 4.8900 4.9100 4.9100 45,701,400
Jun 11, 2024 4.7000 5.5000 4.6300 5.2200 5.2200 64,375,800
Jun 10, 2024 4.9300 4.9800 4.5600 4.7100 4.7100 30,729,800
Jun 7, 2024 5.3000 5.9400 4.7800 4.9100 4.9100 157,290,600
Jun 6, 2024 5.0500 5.9600 4.9700 5.7900 5.7900 131,091,600
Jun 5, 2024 4.7100 5.3100 4.6200 5.1500 5.1500 61,745,800
Jun 4, 2024 4.6700 4.9100 4.5700 4.7900 4.7900 33,712,600
Jun 3, 2024 5.4400 5.7000 4.6400 4.8100 4.8100 139,690,700
May 31, 2024 4.2500 4.3900 4.1000 4.3300 4.3300 29,705,800
May 30, 2024 4.4400 4.5000 4.2200 4.2300 4.2300 33,054,600
May 29, 2024 4.7600 4.7800 4.4300 4.5000 4.5000 40,969,500
May 28, 2024 5.0100 5.3700 4.6600 4.8800 4.8800 77,858,600
May 24, 2024 4.6600 4.9500 4.6200 4.8400 4.8400 40,451,600
May 23, 2024 5.0000 5.1800 4.5500 4.5500 4.5500 48,253,300
May 22, 2024 4.6400 5.2300 4.4500 5.0600 5.0600 62,877,000
May 21, 2024 4.6700 5.1100 4.6000 4.6500 4.6500 67,250,500
May 20, 2024 4.3500 4.9300 4.3200 4.8300 4.8300 84,265,200
May 17, 2024 4.5100 4.9800 4.3200 4.4000 4.4000 100,445,600
May 16, 2024 5.0500 5.3000 4.6200 4.6400 4.6400 129,501,900
May 15, 2024 6.1000 6.6000 4.7100 5.4800 5.4800 309,600,900
May 14, 2024 11.8800 11.8800 5.8500 6.8500 6.8500 634,246,600
May 13, 2024 3.5200 5.8800 3.1600 5.1900 5.1900 522,639,600
May 10, 2024 3.0600 3.1900 2.9000 2.9100 2.9100 24,069,800
May 9, 2024 3.0200 3.1800 2.9100 3.0500 3.0500 33,694,700
May 8, 2024 3.1500 3.2700 3.0700 3.1900 3.1900 26,939,000
May 7, 2024 3.2700 3.2700 3.0600 3.1900 3.1900 24,452,700
May 6, 2024 3.2600 3.4400 3.0400 3.2900 3.2900 41,059,300
May 3, 2024 3.1500 3.3900 3.1200 3.3000 3.3000 35,844,100
tulla236a
2 días hace
unbelievable!
https://www.ft.com/content/d062eb67-4fa7-4b72-bbf8-6cb27bef2202
Please use the sharing tools found via the share button at the top or side of articles. Copying articles to share with others is a breach of FT.com T&Cs and Copyright Policy. Email licensing@ft.com to buy additional rights. Subscribers may share up to 10 or 20 articles per month using the gift article service. More information can be found at https://www.ft.com/tour.
https://www.ft.com/content/d062eb67-4fa7-4b72-bbf8-6cb27bef2202
Nasdaq will end an undisclosed high-speed trading service it offered to a handful of its client trading firms after coming under scrutiny from US regulators.
The US stock exchange had been marketing to selected customers a new fibre optic cable that cuts the time to execute trades on its market by up to a third, drawing the ire of competitors who were unaware of the unpublicised service.
The dispute underscores how the technological arms race that underpins modern day trading is heating up again as cheaper and more efficient equipment becomes available.
In February US telecoms group McKay Brothers complained to the US stock market regulator that Nasdaq was “covertly” offering some customers access to hollow-core fibre optic cables, which can carry trading data far quicker than the standard solid-core counterparts.
When approached for comment by the Financial Times, Nasdaq said: “In close consultation with the regulator and our clients, Nasdaq has begun discontinuing the service.”
In the past services for high-speed traders have been controversial, leading to accusations that exchanges favour one set of customers over others.
Exchanges, under pressure from shareholders, compete with rival service providers and high-speed firms in spending millions of dollars on physical infrastructure such as microwave antennas, cables and short wave transmitters, to shave microseconds off the time it takes to do deals.
Global equity markets are dominated by high-frequency trading firms that use complex algorithms to spot price patterns and automatically place huge volumes of very small trades.
For firms seeking out arbitrage pricing discrepancies that can last for as little as 10 millionths of a second, even tiny speed increases translate into a critical advantage.
In its letter to the US Securities and Exchange Commission, McKay alleged that Nasdaq — the second most active stock trading venue in the US by volume after the New York Stock Exchange — had been selling the right to upgrade to the faster cables for an additional monthly fee of $10,000, without publicly disclosing that it was doing so.
McKay said it had assumed Nasdaq provided solid-core cables to all of its customers.
“Several market participants were as surprised as we were to learn that Nasdaq covertly provides select market participants with such a latency improvement option,” said McKay Brothers’ chief financial officer Jim Considine, in a letter dated February 12.
Bill Singer, a lawyer and former regulator at the American Stock Exchange, said “a given stock exchange’s reputation rises and falls to the extent that traders and investors repose confidence in the integrity of that operator”.
“The disconcerting aspect of Nasdaq’s alleged conduct is that it involves a failure to disclose?.?.?.?Disclosure is the very bedrock upon which the federal securities laws are based.”
Nasdaq is upgrading its main data centre in Carteret, New Jersey, to cope with capacity shortages. It will also undertake an “Equalisation Project” to ensure a level playing field for customers who have placed their servers in Nasdaq’s building to be as close as possible to the exchange’s matching engines, where trading takes place.
Nasdaq said in a filing that it designed the original data centre “at a time when latency differences were measured by customers in terms of miles of cable between customer facilities and exchange data centres, rather than in feet or inches within exchange data centres, as is the case today.”
But McKay Brothers said in its letter to the SEC that the availability of hollow-core fibre at Nasdaq’s data centre meant some connections may be “faster than others even where those connections have an identical length”.