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Love Cuban, but his target is program trading, not Wall Street. It is my understanding that program trading and HFT account for 99+ percent of the trade volume
by Lagged2Death 14y ago
Love Cuban, but his target is program trading, not Wall Street.
It is my understanding that program trading and HFT account for 99+ percent of the trade volume at this point; how shall we even distinguish Wall Street from automated trading then?
- dawernik 14y agoTrading is different from the initiation of capital investments through different vehicles like stock and bond issuance and the creation of value through M&A. Again, if the argument is trading specific versus wall street abstract, there is a point to be made. Think how much bacteria is in our body, take it all out and we don't run as efficiently. program trading is the same.