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Others are two lazy? It's my understanding that the average Joe has no access to the hardware and low latency network connections to be able to do this on his o
by acjohnson55 14y ago
Others are two lazy? It's my understanding that the average Joe has no access to the hardware and low latency network connections to be able to do this on his own.
- zygomega 14y agoThere is a rather large economic rent attached to HFT at the moment. If my project or others like it can eat into that rent a touch, it might not stay that way.
- fnordfnordfnord 14y agoExactly, if you take the position that gains from HFT are basically "stolen" profits from otherwise more productive market participants, then any that can be "stolen back" is a win.
- fbru02 14y agoThere have always been "market-makers" why do you care if they are algorithmic or human ?
- ycombobreaker 14y ago> It's my understanding that the average Joe has no access to the hardware and low latency network connections to be able to do this on his own. Yes, but for US equities this is purely economical: _anyone_ can buy colocated rackspace, direct market data feeds, and direct connectivity. The average Joe does not want to do this any more than he wants to build his own tennis-shoe factory.