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Using computer algorithms, 400 firms accounted for 73% of US equity volume
- stuffthatmatter 17y agoTrading equities has turned into a casino. With bots.
- neilc 17y agoI thought that was pretty common knowledge. Is it a bad state of affairs?
- stuffthatmatter 17y agoI don't think it's common knowledge. New York Times just did a piece on how companies like goldman sachs profit from high frequency trading http://www.nytimes.com/2009/07/24/business/24trading.html?_r=3&partner=rss&emc=rss http://www.nytimes.com/2009/07/24/business/24trading.html?_r...