News for hackers. Stuff that matters.
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.

There are no comments on this comment yet.