3 ms·
The steelman argument is that it makes financial markets more efficient and decreases spreads, hence giving you better prices when you buy and sell. I think th
by slashdev 3y ago
The steelman argument is that it makes financial markets more efficient and decreases spreads, hence giving you better prices when you buy and sell.
I think the reality is usually more complex and nuanced. Does it help your average retail investor more than it hurts? Maybe.
- cameldrv 3y agoEither way, having the arbitrage between the U.S. and Euro markets be 9ms faster does absolutely nothing for anyone's 401k.
- deleted 3y ago[deleted]