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High-frequency trading is usually justified by pointing at increased market fluidity, which is a positive thing in principle. Whether that is enough justificati
by gpvos 10y ago
High-frequency trading is usually justified by pointing at increased market fluidity, which is a positive thing in principle. Whether that is enough justification for the problems it causes is clearly something that should be discussed more.
- majewsky 10y agoAh right, market fluidity was their cover-up story. I'm absolutely not convinced, seeing how billions of dollars and euros are pumped into the market to increase fluidity, with questionable success.
- patrickg_zill 10y agoThat's the justification. If you go to e.g. zerohedge.com and find an article showing the millisecond by millisecond bidding by hft, you might come to the conclusion that the justification is hollow.