> However, the other counter argument against HFT is that it actually doesn't really provide liquidity to the market, as evident by the June flash-crash.
As far as I can tell, this is the only argument presented against HFT.
> But HFT dealers stopped trading that day, triggering a lot of people's stop-market orders
Are there other factors involved in this outcome, or is this a canonical HFT failure?
As far as I can tell, this is the only argument presented against HFT.
> But HFT dealers stopped trading that day, triggering a lot of people's stop-market orders
Are there other factors involved in this outcome, or is this a canonical HFT failure?