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Re:An Intern’s Guide to Trading by whimsicalism on Wednesday July 07, 2021 @05:54PM (#27766149)
> HFT is pretty much as far from making markets "efficient" prediction mechanisms as you can

? HFT facilitates liquidity, liquidity facilitates efficiency.

Re:An Intern’s Guide to Trading by H8crilA on Wednesday July 07, 2021 @06:07PM (#27766269)
Yes of course, but i meant as far as you can [while still being a market participant].

Nobody really cares (except for traders) if the US 10 year note is at 1.54% or 1.52%, but rather if it's at 1.5%, or 2.0%, or 3.0%. Or even 10%.