> High speed trading has no societal value And investment banking does? >Even just charging a dollar for every "bad faith" bid or offer made that expires with

> High speed trading has no societal value And investment banking does? >Even just charging a dollar for every "bad faith" bid or offer made that expires without being within, say, 10% of the actual price, would put a big dent in them. Tell me this, what is the actual harm of these orders?