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I hate that the articles justification was "shaving 24ms off stock and derivative orders" and love that HNs reaction is "how will this be...

I hate that the articles justification was "shaving 24ms off stock and derivative orders" and love that HNs reaction is "how will this benefit local communities". Really HFT is just a sign that most of the action in finance produces minimal net value - just changing hands. I am more and more beginning to see finance as kissing cousins to real estate - it should be wiped out by transparency and internet messaging.

Posted by lifeisstillgood on Jan 1, 2015, 10:37 AM

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I hate that the articles justification was "shaving 24ms off stock and derivative orders" and love that HNs reaction is "how will this be...

lifeisstillgoodJan 1, 2015, 10:37 AM

I hate that the articles justification was "shaving 24ms off stock and derivative orders" and love that HNs reaction is "how will this benefit local communities". Really HFT is just a sign that most of the action in finance produces minimal net value - just changing hands. I am more and more beginning to see finance as kissing cousins to real estate - it should be wiped out by transparency and internet messaging.

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