HFT serves the same purpose that human Market Makers and Specialists do, only better. Kill it, and you will end up paying more.
Did you complain when human travel agents were replaced by expedia and like? Would you complain if car salesman as a profession is gone? Do you see your profit when amazon is competing with all brick and mortar shops? What makes HFT so special in that list?
So strange to see that sentiment from a science fiction author. Afraid to lose to reality evolving faster than you can imagine?
Did you complain when human travel agents were replaced by expedia and like? Would you complain if car salesman as a profession is gone? Do you see your profit when amazon is competing with all brick and mortar shops? What makes HFT so special in that list?
So strange to see that sentiment from a science fiction author. Afraid to lose to reality evolving faster than you can imagine?