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From the outside it seems like the long term stock exchange was a flop. Why do you think it failed to gain traction? Is it that HFT just isn’t relevant to enoug
by kortilla 4mo ago
From the outside it seems like the long term stock exchange was a flop. Why do you think it failed to gain traction? Is it that HFT just isn’t relevant to enough key decision makers?
- eries 4mo agoNot sure I agree with your assessment. From my perspective, it’s actually doing well: appropriately funded, its proposal for companies to optionally move quarterly earnings to semi-annual is supported by the SEC, and it trades the same stocks as the other two major exchanges. But it takes time to build something new and innovative.