With the algos these days, it’s supposedly 13-18 seconds, or some ridiculously brief period.
I mean, imagine if we still had to trade paper stock certs? The last time I dealt with one of those was back in 1999 back in my stockbroker daze.
Speaking of which, around Columbus and W79th street, there’s this public school, and on weekends they have a flea market outside and inside. In one of the hallways, they have old stock certificates for sale of defunct companies.