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Re:Banning Some HFT Strategies Helped This Market Grow: Chart by pc86 on Tuesday March 08, 2016 @10:45AM (#11245893)
0. Why once a minute? Why not twice? Why not once every 5 minutes? 15? 60? You can still buy or sell eight times a day so once an hour should be plenty.

1. Putting "high growth tech companies" (we know you mean startups) in the "important social problem" bucket, especially in the same group as aging, cancer, space exploration, is tenuous at best.

2. Until any of the above pay half a million a year plus huge bonus potential, I seriously doubt anyone going into HFT would give them more than a passing glance.

Re:Banning Some HFT Strategies Helped This Market Grow: Chart by vostok on Tuesday March 08, 2016 @11:53AM (#11246481)
For what it's worth, I am a trader at an HFT firm and my pay is comparable to what my friends in similarly competitive tech roles make. We are talking about the levels of compensation that are always mentioned here and generate discussion about how they do not exist.

I have not heard of similar comp levels in the aging/cancer/rocket space. My suspicion is that this is the result of cultural differences where management takes a much bigger piece of the pie. I would be happy to change fields once this is fixed.

Re:Banning Some HFT Strategies Helped This Market Grow: Chart by jakozaur on Tuesday March 08, 2016 @11:51AM (#11246470)
0. Just to be fair I think any discrete time auction would reduce HFT. No matters less if it will be 100ms or 15 minutes. Just a parameter that you can optimize based on your market.

1. Not all startups are equal, but quite a few will create some lasting value.

2. Unsure if most of this career alternatives will ever give that sort of gains. The question is where the gains come from? Inefficiencies in trading strategies of your retirement fund? Maybe those inefficiencies are always present if humans type orders? Maybe we should design stock market with human first approach, not HFT exploitable?

Re:Banning Some HFT Strategies Helped This Market Grow: Chart by fr0sty on Tuesday March 08, 2016 @11:59AM (#11246543)
> Just to be fair I think any discrete time auction would reduce HFT.

But is the reduction of HFT qua HFT really the goal? Making a market low-frequency will by definition reduce/eliminate HFT as a strategy but you will still have a lot of trading activity done by well capitalized companies using lots of expensive equipment. They will just use different strategies.