2 ms·
> Example, was the flash crash(I read the report and other sources), HFT algorithms (and people too) decided it was getting too risky to provide spreads and jus
by anamax 15y ago
> Example, was the flash crash(I read the report and other sources), HFT algorithms (and people too) decided it was getting too risky to provide spreads and just decided to stop trading.
Note the word "people".... Are you claiming that someone (or something) has an obligation to trade? Who? (If the answer isn't you....) Why?
> The old market maker system is gone, and we really do not have a substitute that can handle the unpredictable.
We had "flash crashes" during the old market maker system too, so if you're claiminging that human market makers prevent flash crashes ....