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Sashka |
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Posts: 3792 |
Member Since: Feb 13, 2008 |
Location: www.myibidder.com |
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Why do you need microseconds? The highest bidder wins, not the latest.
So if you put 0.01 and $100, then someone with $110 at 5 seconds will win anyway.
The low time is needed for another person to not have enough time to react. A person can't react within 1 or 0.01 seconds at the same rate.
Answering your question: the time is rounded to a full second.
Btw, NYSE computers are not in milliseconds. That's not relevant. Logging can be in milli/micro-seconds, but that's a completely different thing.
Last edited on Sat Jan 28, 2017 10:19 PM.
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