3 ms·
Please stop spreading this meme. If you're actually curious about the role HFT plays in price enhancement for retail trading, check out Matt Levine under sectio
by bko 6y ago
Please stop spreading this meme. If you're actually curious about the role HFT plays in price enhancement for retail trading, check out Matt Levine under section "Robinhood".
https://www.bloomberg.com/opinion/articles/2018-10-16/carl-icahn-wants-to-fight-dell-again https://www.bloomberg.com/opinion/articles/2018-10-16/carl-i...
- Khelavaster 6y agoWe're suggesting ulterior motive in Robinhood shutting down GME trading. GME has caused Citadel tremendous risks/losses. Citadel loaned $2.75 billion to Melvin before Melvin liquidated over GME. Maybe Citadel's updated their position but I think it's still shorter-term bearish.
- bko 6y agoNothing to do w/ unwanted attention from politicians and regulators?
- belltaco 6y agoWhat does HFT have to do with buying up retail trade streams before they are put on the market? Surely HFT can exist without that. And the OP is right, the trader is 100% the product in this scenario and the trade stream buyers are the real customers.