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How many more years do you have to go? https://www.hermandaddesanbernardo.com/what-are-the-best-drugs-for-rheumatoid-arthritis-b43f.pdf best drugstore liquid eye makeup remover Yep, the “cost to the little guy†is not $377,000 per day; in fact, according to the paper, it’s just $0.006 per 100 shares, or one thousandth of a basis point. Which adds up to a whopping $942 per day. None of which can be captured by latency arbitrage. Hendershott’s conclusion is not that the little guy is losing out on billions: it’s that “investors randomly routing market orders are unlikely to face meaningful costs due to data latencyâ€.
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