The Market Sells Time to the Fastest: A Microsecond Has a Price

On an old stock exchange, buyers and sellers called out prices and used hand signals. Today, orders travel through data centres where algorithms read prices, place orders, and cancel them faster than a person can notice. This activity is called high-frequency trading, or HFT.

On an old stock exchange, buyers and sellers called out prices and used hand signals. Today, orders travel through data centres where algorithms read prices, place orders, and cancel them faster than a person can notice. This activity is called high-frequency trading, or HFT.

On an old stock exchange, buyers and sellers called out prices and used hand signals. Today, orders travel through data centres where algorithms read prices, place orders, and cancel them faster than a person can notice. This activity is called high-frequency trading, or HFT.

On an old stock exchange, buyers and sellers called out prices and used hand signals. Today, orders travel through data centres where algorithms read prices, place orders, and cancel them faster than a person can notice. This activity is called high-frequency trading, or HFT.