This bears the question of how does an exchange efficiently detect, log and take action against these kinds of behaviours without increasing its own latency too much and (perhaps?) affecting the market?
Does it even matter if a centralised exchange increases its own latency when all market participants have to go through it? I can only think of the case when a security is listed on multiple exchanges, where the latency could mean a small arbitrage opportunity.
Does it even matter if a centralised exchange increases its own latency when all market participants have to go through it? I can only think of the case when a security is listed on multiple exchanges, where the latency could mean a small arbitrage opportunity.