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So, a crook beat the other crooks at their own game. Where's the crime in that.
by NickHaflinger 11y ago
So, a crook beat the other crooks at their own game. Where's the crime in that.
- TeMPOraL 11y agoExternalities.
- orangecat 11y agoWhich are what, exactly? As far as I can tell HFTs playing against each other has no net effect on bystanders, other than providing marginally more liquidity.
- TeMPOraL 11y agoIf so, why are we discussing HFT at all then? Isn't the primary reason people bring it up because HFT algos can occasionally deadlock and the effects start to affect the regular markets in a serious (read: dangerous) way?