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Doesn't that just mean that all the really attractive offers have been snatched up by the high-frequency traders? Wouldn't those lucrative, high-spread opportu
by mac01021 9y ago
Doesn't that just mean that all the really attractive offers have been snatched up by the high-frequency traders?
Wouldn't those lucrative, high-spread opportunities otherwise be available to a regular day trader?
- mjfl 9y agoNo... because regular day traders aren't market makers, they are market takers. HFTs are bad for other market makers, because they are basically competition. HFTs are good for market takers, because you get a good price.