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A comment on HFT in My Backyard (2014). Parent comment

Re:HFT in My Backyard (2014) by gruez on Thursday June 04, 2020 @11:37PM (#23424856)
>The aggressive liquidity taking strategies cause wider spreads and shallower books as liquidity providers are forced to quote wider and smaller to avoid those adversely selected orders

Is there evidence for this?

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Re:HFT in My Backyard (2014) by 8bitsout on Friday June 05, 2020 @10:38AM (#23429046)
I think that this is common knowledge in market microstructure, but I've read about this specific relationship between market makers and adverse selection in the book, "Trades, Quotes and Prices".
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