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A comment on A High Frequency Trader's Apology, Pt 2. Parent comment

Re:A High Frequency Trader's Apology, Pt 2 by jellicle on Thursday April 26, 2012 @07:14PM (#3896602)
>The HFT appears to have prevoyance vis-à-vis slower market makers

And also because they have paid to get the information 0.5 second sooner, so that they could trade on their insider information.

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Re:A High Frequency Trader's Apology, Pt 2 by cynicalkane on Thursday April 26, 2012 @07:49PM (#3896719)
You're confusing flash orders on ETNs with paying exchanges for flash orders. Only the DirectEdge exchange has flash orders. That's a pretty minor thing.
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