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I wish all the best for my counterparties who provide me liquidity. I congratulate you on your returns. Parasitic parties who skim transactions without providi
by maxbond 6y ago
I wish all the best for my counterparties who provide me liquidity. I congratulate you on your returns.
Parasitic parties who skim transactions without providing liquidity are just sucking money from pension funds to transfer to the very wealthy. They're pickpockets.
Edited to add:
When you executed the trade you described, you did so speculatively - you were in the market with the rest of us, you were taking a risk, and when someone wanted to get into the market you were there to sell to them.
That's completely different from holding a position for microseconds when you know for a fact someone is on their way.
- ISL 6y agoTrue -- agreed that a pure front-run that provides no liquidity would appear to have negligible value aside from generating heat. In devil's advocate-mode: The HFT trader is still providing liquidity for that person on the way. If someone else were to purchase the shares ahead of the inbound trade, the inbound buyer might not be able to acquire those shares. If the inbound trade were a limit order, rather than a market order, then the HFT trader might not have room to profit.