Re:Why Do High-Frequency Traders Cancel So Many Orders?
by ctlby on Friday October 09, 2015 @02:20PM
(#10362245)
It's not a tax, it's the price of immediacy. You can either work your orders yourself (which doesn't in the least require speed), or you can pay a concession. It has always been this way and always will. HFT has made that concession the lowest it has ever been for the vast majority of market participants.
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