3 ms·
No one needs 29,000 trades a second liquidity. HFT serves no market making function. It is a drag on market operations and confidence.
by ahi 15y ago
No one needs 29,000 trades a second liquidity. HFT serves no market making function. It is a drag on market operations and confidence.
- cube13 15y agoNo trader is doing 29,000 trades a second. BATS is an exchange like NASDAQ. They're facilitating and executing trades for their clients. NASDAQ handled 70k per second in 2008, and could handle almost 4 times that load(http://www.forbes.com/forbes/2009/0112/056.html http://www.forbes.com/forbes/2009/0112/056.html). HFT has nothing to do with this.