Because wealthy people can afford lawyers and accountants to figure out how to exploit the system without breaking laws (or at least minimize the chance of going to trial, and failing that, minimize the sentence/fines.)
Its the system that’s broken, see? That’s who’s killing people now and future, not me and Elon and Jeff (AND Tim ytf does he always get a pass???) Its like, don’t hate the playa, hate the game, bro! And besides, who voted for the schmucks who set all this up anyway? I didn’t, I don’t even vote lol. No, it’s all of you! So really, it’s your fault. You’re welcome!
HFT, trading outside market hours (or markets closing, either one), dark pools, not making limit orders public… There’s plenty wrong with the stock market, some of which (and I hate to say it) is fixed by crypto…
Is there any reason not to regulate HFT out of existence ?
I understand that the stock market can be beneficial but High Frequency Trading?
It’s just a parasite to the economy, sucking money without any benefit.
Remember: Wealthy people exploiting the system are resourceful. Poor people exploiting the system are criminals.
Because wealthy people can afford lawyers and accountants to figure out how to exploit the system without breaking laws (or at least minimize the chance of going to trial, and failing that, minimize the sentence/fines.)
Its the system that’s broken, see? That’s who’s killing people now and future, not me and Elon and Jeff (AND Tim ytf does he always get a pass???) Its like, don’t hate the playa, hate the game, bro! And besides, who voted for the schmucks who set all this up anyway? I didn’t, I don’t even vote lol. No, it’s all of you! So really, it’s your fault. You’re welcome!
HFT, trading outside market hours (or markets closing, either one), dark pools, not making limit orders public… There’s plenty wrong with the stock market, some of which (and I hate to say it) is fixed by crypto…
No sir HFT provides liquidity to the stock market, which makes it more efficient.
Removing high frequency traders would cause individual traders to get worse prices and/or wider bid/ask (buy/sell) price spreads.
Basically the big players WANT you to remove HFT so they can more easily manipulate prices to take advantage of small traders