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HFT profits come from the money that the specialists/dealers used to make. They were the guys standing at the podiums quoting bid/ask prices all day.
by kylebrown 13y ago
HFT profits come from the money that the specialists/dealers used to make. They were the guys standing at the podiums quoting bid/ask prices all day.
- sergiosgc 13y agoIf that were true, then removing HFT would bring back floor dealers. Clearly, it is false. Electronic trading, not HFT, deprecated floor tradrs.