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As someone in the industry, you're also unavoidably biased. This isn't snark or accusation, just a factual observation.
by chrisweekly 7y ago
As someone in the industry, you're also unavoidably biased. This isn't snark or accusation, just a factual observation.
- tigerBL00D 7y agoSomeone in the industry might just have a slightly better idea of what's really going on and that's largely what HN is about.
- onaraft 7y agoAnother factual observation is to look at Virtu's recent earnings numbers. They're basically pivoting as hard as they can to get out of speed-based HFT and into execution services, because the profitability of the former is cratering.
- rb808 7y agoYeah Virtu's market cap is about the same as Groupon. I hardly doubt they're emptying the pockets of every American here.