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http://www.amazon.com/Dark-Pools-Machine-Traders-Rigging/dp/0307887170 http://www.amazon.com/Dark-Pools-Machine-Traders-Rigging/dp/... Good book. HFT gives th

http://www.amazon.com/Dark-Pools-Machine-Traders-Rigging/dp/0307887170 http://www.amazon.com/Dark-Pools-Machine-Traders-Rigging/dp/... Good book. HFT gives the illusion of liquidity - can dry up real quick and if things go wrong, well, as suggested below, you get the Flesh Crushes ;)

fantnn 13y ago
Some guy with an MFA is not qualified to talk about HFT and liquidity. I was referring more to an academic source, flash crashes are more the exception and not the rule; they stabilize quickly and have little to no lasting negative effect on industry.