Tokyo Stock Exchange uses the "itayose" method for its opening auction: http://w... | Hacker News

Hacker Newsnew | past | comments | ask | show | jobs | submit

		nandemo on April 18, 2012 \| parent \| context \| favorite \| on: A High Frequency Trader's Apologia, Part 1 Tokyo Stock Exchange uses the "itayose" method for its opening auction: http://www.tse.or.jp/english/faq/list/stockprice/p_b.html But yeah, it wouldn't be a good method for an every-N-seconds auction.

Drbble on April 18, 2012 [–]

Why wouldn't it?

nandemo on April 18, 2012 | [–]

Sorry, I meant to say "the every-N-seconds auction is not a good idea, even with the itayose method". The reasons are basically the ones traversal mentioned above.

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact