4 ms·
Yes, that estimate is with the greatly reduced HFT volume. And it may not be 100% accurate, HFT and trading in general could move to another market without thes
by gnopgnip 3y ago
Yes, that estimate is with the greatly reduced HFT volume. And it may not be 100% accurate, HFT and trading in general could move to another market without these taxes and/or switch to a type of derivative with a lower/no tax. Like the UK, for swaps. But these other markets are smaller and not really a replacement. And these other markets may pass similar taxes in the future.