5 ms·
> 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
by 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.