To what extent do these arguments apply to the stock market? Has any stock market tried this? Why didn’t the people complaining about HFT who founded IEX do this? Is this legal (eg, compliant with NBBO)? Even if it isn’t legal in America, lots of countries have their own stock markets and could try this or even impose it.
To what extent do these arguments apply to the stock market? Has any stock market tried this? Why didn’t the people complaining about HFT who founded IEX do this? Is this legal (eg, compliant with NBBO)? Even if it isn’t legal in America, lots of countries have their own stock markets and could try this or even impose it.
Yes, nothing here is unique to ‘prediction markets’, CBOE have addressed this. It is implemented and traded via BATS in Europe.