This is like saying if we eliminated millimeters from rulers, and only used centimeters, everything would get closer together. HFTs do not take a cut out of th

This is like saying if we eliminated millimeters from rulers, and only used centimeters, everything would get closer together. HFTs do not take a cut out of the market, their cut comes 100% from other market makers. Those are the only folks who would benefit from eliminating HFTs, and unless you’re one of them, who cares? I don’t care who buys when I am liquidating a position. That’s the whole point of a market. Therefore I don’t care about HFTs.