6 ms·
So by making the system trade faster, they have made the market less stable and opened it up to outside manipulation. Hardly what you call progress.
by jussij 13y ago
So by making the system trade faster, they have made the market less stable and opened it up to outside manipulation.
Hardly what you call progress.
- marshray 13y agoOutside "manipulation" has always been a force in markets. Perhaps HFT is making the system faster to recover to false information? Or maybe it's just another zero-sum scheme for moving money from the rich to the very rich. Heck I dunno.