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Cuban is just griping about something he doesn't even understand here. There was a great article about it here a couple months back. There is value to HFT. It c
by mattmaroon 14y ago
Cuban is just griping about something he doesn't even understand here. There was a great article about it here a couple months back. There is value to HFT. It creates liquidity in the market. It doesn't make long-term investing any different at all. It's just an automated version of the same market making that's been done manually for decades.
Wall Street has a lot of problems. Computers making markets instead of humans isn't one of them.