Comment by TZubiri
4 hours ago
I think as this becomes a reality, in general people will stop trading so close near the deadline for so little gain.
4 hours ago
I think as this becomes a reality, in general people will stop trading so close near the deadline for so little gain.
As it gets closer to the deadline, the timeframe shortens, so the gain does increase. A 1% return which you're paid on tomorrow is a 3,778% annualized return.
Ok, but the risk of manipulation increases as well, since the payoff for event manipulators is the highest near the deadline.