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if you define 'usefulness' in terms of the manner in which you perform your work, you might have a point. if you define 'usefulness' in terms of 'alleviating s
by MarkPNeyer 15y ago
if you define 'usefulness' in terms of the manner in which you perform your work, you might have a point.
if you define 'usefulness' in terms of 'alleviating some form of human suffering' then i think your point vanishes: prop traders don't have clients. they make money for themselves alone.
- gaius 15y agoNot true; arbitrageurs equalize prices across markets and add liquidity. Their profit is earned by guaranteeing you the lowest price on all the exchanges that the asset is traded.