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That's pretty simple to answer. The smaller the spread, the less going into the pocket of middlemen. Which is where we are now. Less going into the pockets o
by gd1 12y ago
That's pretty simple to answer. The smaller the spread, the less going into the pocket of middlemen. Which is where we are now. Less going into the pockets of middlemen than ever before.
>And are these benefits worth the massive amount of wealth extraction
What "massive amount of wealth extraction"? Are you just making shit up?
- jeffreyrogers 12y ago> What "massive amount of wealth extraction"? Are you just making shit up? I think he was probably just confused about how HFT works, since unless you're familiar with it it is very easy to assume it is screwing someone.