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What about high-frequency traders? Profitable, technically challenging, but in a very real sense entirely pointless and contrived.
by MaxBarraclough 6y ago
What about high-frequency traders?
Profitable, technically challenging, but in a very real sense entirely pointless and contrived.
- ausbah 6y agoI meant to add finance as a good example of what I meant, including HFT. basically just saying that while individually people benefit from working in these schemes, the broader economy arguably benefits little to even negatively
- toast0 6y agoHFT isn't my cup of tea, but the rise of HFT has certainly narrowed spreads and contributed to zero comissions; and I apprechiate those effects.