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A comment on What the interns have wrought, 2020 edition. Parent comment

Re:What the interns have wrought, 2020 edition by cltby on Tuesday August 25, 2020 @04:55PM (#24275999)
If HFT and B are racing for the same order, they evidently have a very similar trading objective. In which case it's bizarre to ascribe some uniquely negative social value to HFT winning that race.
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Re:What the interns have wrought, 2020 edition by erik_seaberg on Thursday August 27, 2020 @02:55PM (#24297236)
The HFT doesn’t want a position, it’s only trading because it anticipates what B is doing right now and adding cost to the process without improving the result.
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