--- title: "Meaning & Key Takeaway of: In a flash order transaction, buy or sell…" description: "\"In a flash order transaction, buy or sell orders are shown to a collection of high-frequency traders for just 30 milliseconds before they are routed to..." image: "https://sms4smile.com/quotes/i/076/charles-duhigg-1088_access_in-a-flash-order-transaction-buy-or-sell_1175797.png" --- # In a flash order transaction, buy or sell orders are shown… ![“In a flash order transaction, buy or sell orders are shown to a collection of high-frequency traders for just 30 milliseconds before they are routed to everyone else. They are widely considered to give the few investors with access to the technology an unfair advantage, even by some of the…” quote by Charles Duhigg](https://sms4smile.com/quotes/i/076/charles-duhigg-1088_access_in-a-flash-order-transaction-buy-or-sell_1175797.png) [Download](https://sms4smile.com/quotes/i/076/charles-duhigg-1088_access_in-a-flash-order-transaction-buy-or-sell_1175797.png) [Open image](https://sms4smile.com/quotes/i/076/charles-duhigg-1088_access_in-a-flash-order-transaction-buy-or-sell_1175797.png) > “In a flash order transaction, buy or sell orders are shown to a collection of high-frequency traders for just 30 milliseconds before they are routed to everyone else. They are widely considered to give the few investors with access to the technology an unfair advantage, even by some of the marketplaces that offer the flash orders for a fee.” [Charles Duhigg](https://sms4smile.com/quotes/author/charles-duhigg/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. High‑frequency traders see orders milliseconds before others, creating an uneven playing field. **In simple terms:** Fast traders get early access to orders. Key Takeaway Advocate for market transparency. Themes fairness technology market structure Mood analytical concerned Type financial ethical When to use this quote - stock trading - regulatory policy - algorithmic trading Key Concepts information asymmetry speed advantage Questions to Reflect On - Should all traders have equal access? - What safeguards can level the field? A Different Perspective Speed advantage can be mitigated with regulation. ★ ★ ★ ★ ★ No ratings yet [Access](https://sms4smile.com/quotes/about/access/) [Advantage](https://sms4smile.com/quotes/about/advantage/) [Before](https://sms4smile.com/quotes/about/before/) [Buy](https://sms4smile.com/quotes/about/buy/) [Collection](https://sms4smile.com/quotes/about/collection/) [Considered](https://sms4smile.com/quotes/about/considered/) [Customer](https://sms4smile.com/quotes/about/customer/) [Else](https://sms4smile.com/quotes/about/else/) [Even](https://sms4smile.com/quotes/about/even/) [Everyone](https://sms4smile.com/quotes/about/everyone/) [Fee](https://sms4smile.com/quotes/about/fee/) [Few](https://sms4smile.com/quotes/about/few/) [Flash](https://sms4smile.com/quotes/about/flash/) [Flash Order](https://sms4smile.com/quotes/about/flash-order-3427600/) [Flash Orders](https://sms4smile.com/quotes/about/flash-orders-3427597/) [Frequency Traders](https://sms4smile.com/quotes/about/frequency-traders-2049933/) [Give](https://sms4smile.com/quotes/about/give/) [Investors](https://sms4smile.com/quotes/about/investors/) [Just](https://sms4smile.com/quotes/about/just/) [Offer](https://sms4smile.com/quotes/about/offer/) [Order](https://sms4smile.com/quotes/about/order/) [Orders](https://sms4smile.com/quotes/about/orders/) [Sell](https://sms4smile.com/quotes/about/sell/) [Sell Orders](https://sms4smile.com/quotes/about/sell-orders-3427598/) [Shown](https://sms4smile.com/quotes/about/shown/) [Some](https://sms4smile.com/quotes/about/some/) [Technology](https://sms4smile.com/quotes/about/technology/) [Transaction](https://sms4smile.com/quotes/about/transaction/) [Transaction Buy](https://sms4smile.com/quotes/about/transaction-buy-3427599/) [Unfair](https://sms4smile.com/quotes/about/unfair/) [Unfair advantage](https://sms4smile.com/quotes/about/unfair-advantage/) [Widely](https://sms4smile.com/quotes/about/widely/) ## Related quotes > [In the past, NASDAQ has defended flash orders.](https://sms4smile.com/quotes/charles-duhigg/in-the-past-nasdaq-has-defended-flash-orders/) [Charles Duhigg](https://sms4smile.com/quotes/author/charles-duhigg/) > [While markets are supposed to ensure transparency by showing orders to everyone simultaneously, flash orders are currently allowed because of a loophole in securities…](https://sms4smile.com/quotes/charles-duhigg/while-markets-are-supposed-to-ensure-transparency-by-showing-orders/) [Charles Duhigg](https://sms4smile.com/quotes/author/charles-duhigg/) > [Stock exchanges say that more than half of all trades are now executed by just a handful of high-frequency traders, who use rapid-fire computers…](https://sms4smile.com/quotes/charles-duhigg/stock-exchanges-say-that-more-than-half-of-all-trades-are-now/) [Charles Duhigg](https://sms4smile.com/quotes/author/charles-duhigg/) > [High-frequency traders are firms all around the world. 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