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order amoxicillin online Yep, the cost to the little guy is not $377,000 per day; in fact, according to the paper, its just $0.006 per 100 shares, or one thousandth of a basis point. Which adds up to a whopping $942 per day. None of which can be captured by latency arbitrage. Hendershotts conclusion is not that the little guy is losing out on billions: its that investors randomly routing market orders are unlikely to face meaningful costs due to data latency.

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