3 ms·
High-frequency trading, I'd assume. Exploiting the stock market for profit.
by Nullabillity 3y ago
High-frequency trading, I'd assume. Exploiting the stock market for profit.
- lotsofpulp 3y agoOr providing liquidity to reduce transaction costs for everyone.
- FirmwareBurner 3y agoHow high are the costs and how much can you reduce them before you reach diminishing returns? Will it reach zero?
- lotsofpulp 3y agoIt is pretty close to zero. Has anyone thought about how much a trade of a broadly traded security will cost them in recent times, or ever thought it would not happen near instantly?
- esafak 3y agoHow frequently do you think most people make such transactions?
- lotsofpulp 3y agoI don’t know about individuals, but there are quite a few people exposed to transactions costs via 401k/IRA/taxpayer funded pensions/etc.
- vineyardmike 3y agoI haven't incurred a trade in a 401k in a decade. Sub-milli liquidity is absolutely unnecessary for me.
- cpitman 3y agoEven making deposits into the account incurs transactions. Sure, speed doesn't matter here, but overhead does.
- psychlops 3y agoA huge black hole of mental energy spent slicing pennies and seconds, creating nothing.