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Didn't HFT compete itself out of outsized profitability years ago? So now we get instant super liquidity for pennies?
by smallmancontrov 1y ago
Didn't HFT compete itself out of outsized profitability years ago? So now we get instant super liquidity for pennies?
- PartiallyTyped 1y agoFor stocks most likely, though I assume a lot of it today comes from options traders, where the spread is much wider.
- chronic74939 1y ago> Didn't HFT compete itself out of outsized profitability years ago? No > So now we get instant super liquidity for pennies? Not pennies yet. Still dime and quarter range.
- zahlman 1y agoLast I checked, the spread on SPY is on the order of <1 basis point.