Posted On: 12/07/2016 12:26:22 PM
Post# of 65629
Quote:
Donald Trump tweeted about wanting to cancel a Boeing government contract 35 seconds after 8:52 a.m. yesterday. It took a full 10 seconds before the market reacted, sending the price of Boeing stock down.
That chunk of time — ten seconds seems like a few heartbeats but in algorithmic computerized trading it’s a freaking lifetime — shows that the Street potentially hasn’t fully figured out how to trade on Trump’s tweets. [CNBC]
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