HFT demonstrably does not provide liquidity unless the market is going up and has market-wrecking implications. This is to say nothing about the advantages it gives institutional traders over non-HFT firms or individuals.
unsolicitedanalysis
reblogging nonolet
This strikes me as the critical truth of the recent craziness, and one that I’ve not heard uttered by anyone at any level of the MSM, who were almost universally still peddling various demonstrably false interpretations.
tl;dr: We are fucked
reblogging nonolet
This strikes me as the critical truth of the recent craziness, and one that I’ve not heard uttered by anyone at any level of the MSM, who were almost universally still peddling various demonstrably false interpretations.
tl;dr: We are fucked
Lemkin 