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A comment on If wages are to rise, workers need more bargaining power. Parent comment

Re:If wages are to rise, workers need more bargaining power by crdoconnor on Wednesday June 06, 2018 @11:00AM (#17247672)
>HFT reduces transaction costs for market participants. You can see this in the narrowing of bid/ask spreads

If HFT were a net positive for market participants then those same participants wouldn't be fleeing to dark pools in an attempt to avoid them.

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Re:If wages are to rise, workers need more bargaining power by jeffreyrogers on Wednesday June 06, 2018 @11:10AM (#17247756)
They go to dark pools because they are less transparent and it's easier to sell large blocks of shares without making a large price impact (in theory at least).
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Re:If wages are to rise, workers need more bargaining power by crdoconnor on Wednesday June 06, 2018 @11:18AM (#17247817)
Exactly. I believe the term HFT uses for exploiting that is "spearing whales".
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