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Then HFT firms aren't service providers that I have the option of associating with, I'm actually forced to use them in order to participate in the public stock

• growse 3y ago
  What is "the public stock exchange"? They're all private entities with their own membership rules. You can buy/sell the same instrument at hundreds of different venues, no-one's forcing you to use any specific market. Take your pick. Start your own.
  • Dylan16807 3y ago
    There are massive barriers and costs to selling stocks that way, and you know it. This is like saying you have the free choice not to have a phone number or email address. Yeah, technically you do, but effectively you have to use the system. And for the most part you get that from private entities too.
    • deleted 3y ago
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• Twisell 3y ago
  You are maybe confused because HFT refer to a very specific trading hack that is not available to general public. What you refer to sound more like brokers that offer online trading services, it's "instantaneous" but not fast enough to enable the latency scam used in HFT.
  • denotational 3y ago
    > HFT refer to a very specific trading hack Maybe 10 years ago, but these days (outside of very specific markets) most of the big “HFT”s are really doing quantitative trades or market making. > that is not available to general public Collocating with a venue is expensive and clearing membership of an exchange has capital requirements, but it’s not some old-boys club; anyone with sufficient funds can take part. It’s not available to the general public to exactly the same extent that exchange membership isn’t available to the general public.