I could be wrong, but from what I understand of HFT, it doesn't squeeze out middlemen, it squeezes out competition. It sets the barrier to entry so high that o

I could be wrong, but from what I understand of HFT, it doesn't squeeze out middlemen, it squeezes out competition. It sets the barrier to entry so high that only the super rich can participate. I agree completely with your point, by the way, I'm just not sure HFT is a good example of it.