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by dnomad 2952 days ago
> What are you basing your claim off of, I've seen some pretty impressive use of C++ and one team that is starting to burn simple strategies into FPGA's.

What does low latency buy you in crypto trading? What sort of strategies are people running that requires low latency?

1 comments

the simplest is to monitor prices on multiple exchanges and buy/sell depending on fluctuations.
You mean Exchange Arbitrage? There's already a 20 something kid doing this and claims to be making millions in profits.[1]. Asian exchanges typically have slightly higher prices than US and European exchanges. They also react a lot worse to bad news and go lower than in US, European exchanges.

[1] Source: Stefan Qin, Virgil Capital founder on CNBC - https://www.cnbc.com/video/2018/02/27/one-hedge-fund-manager...

Plenty of people are doing it - that's why having the fastest bot is helpful.