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If you want to know what the actual effects of HFT are on individual investors rather than hypotheticals, a study was done in Canada last year on that exact que
by nbouscal 13y ago
If you want to know what the actual effects of HFT are on individual investors rather than hypotheticals, a study was done in Canada last year on that exact question. Spoiler alert: HFT is good for the little guys.
http://qed.econ.queensu.ca/pub/faculty/milne/322/IIROC_FeeChange_submission_KM_AP3.pdf http://qed.econ.queensu.ca/pub/faculty/milne/322/IIROC_FeeCh...
- dangerlibrary 13y ago1. That paper hasn't been published or peer reviewed. 2. One of the authors used to work for HSBC as a derivatives trader. 3. That study analyzes the impact of a fee-per-order regulatory regime. It is not a study, as you claim, of a world with high frequency traders vs a counter factual world without them.