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HFT - Flickering Quote Credit: Rebuttal (originally appeared in Nanex)
- elecengin 13y agoQuick background - The rebuttal is written by William O'Brien, CEO of DirectEdge (a major stock exchange that has been accused of favoring HFT in the past) This is a good example of how frustrating some of these debates can be. Some of the arguments are valid on both sides, but they are almost couched in inflammatory language.