When writing a comment about the blockchain, it's always useful to mentally replace it with the words "distributed database", and see if still makes sense.
"If the goal is to avoid high-frequency trading, why not use a distributed database"? Maybe because that would have absolutely zero impact whatsoever on high-frequency trading?
(Also, the goal isn't really to avoid high-frequency trading, and it's quite likely IEX will create more opportunities for high-frequency trading, not fewer, but that's another matter.)
Comments
When writing a comment about the blockchain, it's always useful to mentally replace it with the words "distributed database", and see if still makes sense.
"If the goal is to avoid high-frequency trading, why not use a distributed database"? Maybe because that would have absolutely zero impact whatsoever on high-frequency trading?
(Also, the goal isn't really to avoid high-frequency trading, and it's quite likely IEX will create more opportunities for high-frequency trading, not fewer, but that's another matter.)