4 ms·
HFT crashes do not benefit or hurt anyone, since they are rolled back.
by krickle 14y ago
HFT crashes do not benefit or hurt anyone, since they are rolled back.
- zacharyvoase 14y agoI'm almost certain this statement is incorrect. 1) Just because a price reverts to a previous value does not mean that no-one benefited or was hurt from the fact that it fell or increased in between. 2) The 'rolling back' of an HFT-prompted crash (the causal link being debatable anyway) is not guaranteed at all.