About the only good justification you have is HFT increases liquidity but that i... | Hacker News

Hacker Newsnew | past | comments | ask | show | jobs | submit

		UltraSane 5 months ago \| parent \| context \| favorite \| on: SEC approves Texas Stock Exchange, first new US in... About the only good justification you have is HFT increases liquidity but that is not good enough for all the wealth HFT extracts from the market.

okhobb 5 months ago [–]

Wait until you hear about how much wealth Salomon Bros extracted from the market.

UltraSane 5 months ago | [–]

Finance is full of parasites. HFT firms are just some of them.

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact