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I wasn't arguing against arbitrage. I was arguing that investors don't care if HFT #1 arbitrages at 12:00:032 or HFT #2 arbitrages at 12:00:074.
by yummyfajitas 12y ago
I wasn't arguing against arbitrage. I was arguing that investors don't care if HFT #1 arbitrages at 12:00:032 or HFT #2 arbitrages at 12:00:074.