Re:'Flash Boys' IEX stock exchange opens for business
by tuna-piano on Friday August 19, 2016 @05:41PM
(#12323718)
I kind of agree with your underlying premise, but when I invest in a mutual fund / ETF, isn't that a giant investor that might be affected by HFT? And if that was costing the fund money, wouldn't that affect me (without me seeing it directly)?
[ Parent
| on HN ]
Re:'Flash Boys' IEX stock exchange opens for business
by kasey_junk on Friday August 19, 2016 @11:03PM
(#12324960)
Assuming that hft forms didn't drive other prices down. In particular the costs to trade (in the form of the spread, fees & execution costs) hadn't been decimated by hft firms.