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spierce Wrote:
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The HFTs don’t provide anything and, in fact, take it since regular traders do not have the ability to micro trade and front-run those traders, taking profits from ordinary people.
Somehow the markets functioned well before HFT, I hope they outlaw it soon. The first step was the SEC requesting the algos.
Everyone does have the ability, perhaps not the means. Much like a seat used to cost a lot of money to lease - they are just a modern day version of the specialists and pit traders of old. This will always be a part of the market imo.

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