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A comment on Insights into High Frequency Trading from the Virtu IPO [pdf]. Parent comment

Re:Insights into High Frequency Trading from the Virtu IPO [... by return0 on Thursday May 04, 2017 @06:23PM (#14269406)
> prima facie evidence that they are creating value is that they are capturing value from willing market participants.

is this referring to market value or economic value?

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