4 ms·
> it's not like the trading in and of itself brings any value to the broader world This is a common sentiment, but the reality is that increasing market partic
by cosmic_quanta 3y ago
> it's not like the trading in and of itself brings any value to the broader world
This is a common sentiment, but the reality is that increasing market participation is good for everyone. Yes, even retirement funds benefit from the presence of market-makers. Liquid markets allow for better price discovery and cheaper transaction costs.
- dusted 3y agoI specifically the high-speed trading. I definitely agree that actual investment and trading has some benefit. Nobody was helped by the 200 nanosecond thing that the machines did when the marked opened (except the owners of said machines, of course)
- johngladtj 3y agoPlenty you people were, you just don't notice it.
- andruby 2y agoWhat if collectively those ULL and HFT orders help stabilise the market. Then I would say, yes, "we, the world" are being helped.