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areas like HFT are

• smabie 7y ago
  HFT isn’t investing. Moreover, RenTec isn’t a HFT firm. No one knows exactly what they do, but I suspect they are primarily a market neutral short-term factor model firm with a very very good execution and slippage model.
• endorphone 7y ago
  There are dozens of HFT players, all endlessly leap-frogging each other. Despite the fact that HFT is actually a relatively tiny market (the crumbs claimed by the HFT market account for at most a couple of billion a year), and is grossly overstated in significance. In the broader market there are tens of thousands of major players, and millions of smaller participants. There is no network effect, and the market is so enormous that it doesn't concentrate.
  • codingslave 7y ago
    Most HFT players are barely making money, theres a few that are actually highly profitable People in this thread are confusing beta and alpha, alpha is limited and competed for