4 ms·

I think you can argue on the whole is a waste, but I do believe it does have some advantages. EG efficient HFTs can reduce bid ask spreads which does save a lo

I think you can argue on the whole is a waste, but I do believe it does have some advantages. EG efficient HFTs can reduce bid ask spreads which does save a lot of money for retail traders.

sverhagen 6y ago
I think the premise was that such investments are wasteful if it's only for a trading arms race.
Dylan16807 6y ago
But being able to do that 50 milliseconds faster really doesn't.
sumedh 6y ago
> EG efficient HFTs can reduce bid ask spreads which does save a lot of money for retail traders. Berkshire Hathway has $1000+ spreads yet you dont see a lot of people complaining.
- TomGullen 6y ago
  Stock price is probably a pretty big factor in that along with volume.
  - sumedh 6y ago
    Exactly, that is the point.