Hacker News Reader

This may be dated info, but IEX (exchange) purposely ran longer than necessary fiber to slow down the speed of automated trading.

Did they really? It's incredible how wasteful some organizations can be in pursuit of a misguided sense of "fairness."

They did it for marketing not fairness. It added 350 mikes and some of their orders bypassed it.

Having a ‘speedbump’ was the trendy thing a bit ago in exchanges with several different ones opening with several different versions.

Still a thing, that and the tick size.