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I'm sceptical that HFT is good for the public. What did you do to ensure your system wouldn't make a flash crash worse?
by curiousdannii 14y ago
I'm sceptical that HFT is good for the public. What did you do to ensure your system wouldn't make a flash crash worse?
- beagle3 14y agoWhy is it his business to defend other market participants?
- curiousdannii 14y agoI didn't say it was. But everyone should be in the business of not being evil and not exasperating the problems of others. In trading that means not contributing to flash crashes. I am not saying that this guy's trading did contribute to flash crashes! He may have successfully implemented systems to prevent that. I hope he did, and if so I'm interested to hear how.