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> The cost of trading for the end consumer is higher. What about when you factor in the artificially elevated buys and artificially depressed sells as a result
by madaxe_again 13y ago
> The cost of trading for the end consumer is higher.
What about when you factor in the artificially elevated buys and artificially depressed sells as a result of HFT?
- smoorman1024 13y agoWhat specifically are you referring to?
- madaxe_again 13y agoDid you read the article? :) Pre-emptive buys driving up the price across exchanges.
- aet 13y agoThe cost of trading is still drastically lower now than it was with open outcry. There were a number of federal indictments related to NYSE specialists blatently ripping off retail customers. http://www.nytimes.com/2005/04/13/business/13nyse.html http://www.nytimes.com/2005/04/13/business/13nyse.html