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- 2016-1-9
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spierce Wrote:
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Somehow the markets functioned well before HFT
This is abject nonsense. The markets have never been perfect nor even well-behaved.
All of the recent innovation has been, for the most part, an improvement for the retail investor. Penny quotes, electronic brokerages, ETFs, etc…
Perhaps you’re yearning for the day when there was a $100 commission to trade IBM with a 25c spread? |
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