Financial Noise Pollution

04

June, 2012

Way back in 2008 in our Toxic Equity Trading on Wall Street , we were one of the first to recommend a minimum order life.  At the time, we recommended a one second minimum on orders.  Since then  many others have called for a minimum order life to try to limit the amount of phantom orders and pinging that goes on in the market.  The SEC has even said they are looking at a minimum order life  but they have been looking at this since the Flash Crash

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