4 ms·

The fact that people make money off of HFT by definition means that the market conditions have changed in those time frames.

• UltraSane 1y ago
  No, it is proof that they are parasitically extracting money via non-productive strategies like latency arbitrage and order front-running.
  • bawolff 1y ago
    Which is changing market conditions.
  • jpfromlondon 1y ago
    Liquidity provision is valuable though, and it's not really parasitic to exploit inefficiencies, it's not even that profitable a strategy today.
    • UltraSane 1y ago
      It isn't nearly valuable enough to compensate for the wealth HFT extracts from the market.
      • jpfromlondon 1y ago
        your information seems to be at least a decade out of date