"To the tune of Ten of Billions" is that sooo material?
That amount's not unheard of for a single company, hedge fund, hell even individual (there was also that guy that loss 8 Billion).
If it's half of all trading volumne, but a tiny fraction of profit, then this is razor thin margins. In these areas, we've always been comfortable allowing the big boys in any industry (with their economies-of-scale) to execute efficiently, and hopefully compete each other out of ripping to rest of us off too bad.
"To the tune of Ten of Billions" is that sooo material?
That amount's not unheard of for a single company, hedge fund, hell even individual (there was also that guy that loss 8 Billion).
If it's half of all trading volumne, but a tiny fraction of profit, then this is razor thin margins. In these areas, we've always been comfortable allowing the big boys in any industry (with their economies-of-scale) to execute efficiently, and hopefully compete each other out of ripping to rest of us off too bad.