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They referred to HFT only - how does it contribute to "success" of modern economies? It just sucks out value due to stock market implementation.
by llukas 7y ago
They referred to HFT only - how does it contribute to "success" of modern economies?
It just sucks out value due to stock market implementation.
- __d 7y agoThat argument can apply to any improvement in efficiency of a process. Admittedly any contribution of HFT to economic success (other than that of the traders themselves, of course) is probably fairly marginal, but more efficient markets are probably a good thing.