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Yeah, yeah, I know the drill lower fees, faster price discovery, better liquidity. You will have a hard time convincing me any of these benefits are worth toler
by brmgb 4y ago
Yeah, yeah, I know the drill lower fees, faster price discovery, better liquidity. You will have a hard time convincing me any of these benefits are worth tolerating the damage speculations wreak like clockwork every ten years or so but I know I am on the losing side of this battle.
- astrange 4y agoMarket makers aren't speculators. It's like the opposite.
- brmgb 4y agoMarket makers very much are speculators. They intend to make money on the spread. They clearly are not investors.
- astrange 4y agoWhat belief are they speculating on? As for if they're hurting markets, that seems like banning grocery stores and expecting people to buy food from cereal manufacturers.