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> The presence of HFT shows that insider trading doesn't seem to have as much of a detrimental effect as people claim. Do you have any sources on this? I'd be
by davnicwil 11y ago
> The presence of HFT shows that insider trading doesn't seem to have as much of a detrimental effect as people claim.
Do you have any sources on this? I'd be interested to read more
- bsder 11y agoI don't have the link anymore, but there was a good article talking about a bunch of the big guns wanting a fund/exchange that was "slow trading"--buy and hold, mostly--to avoid the HFT traders whom they regarded as skimming their profit. What big money wants, big money gets. So, they, made the fund. And nobody could trade since there were no sellers. In the end, they had to allow the HFT guys in so that they could make the market. Since, HFT is, by definition, insider trading, it clearly isn't all that detrimental.
- chadzawistowski 11y agoInsider trading is buying or selling by someone with access to nonpublic information. How is HFT insider trading by definition?
- lmm 11y agoHFT is not insider trading. If you think there are relevant similarities then by all means point them out, but a statement that is outright false by the ordinary meanings of words is not a good way to contribute to a discussion.