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Comment by prodigal_erik

No high frequency trader wants to provide liquidity by filling an order that would otherwise go unfilled. Their goal is to find orders that would otherwise be filled within milliseconds, take on a completely superfluous middleman role, and steal most of the spread from the real buyer and seller.

http://seekingalpha.com/article/151173-hft-the-high-frequenc...

parent prodigal_erik 17 years ago

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