News for hackers. Stuff that matters.

A comment on SEC approves Texas Stock Exchange, first new US integrated exchange in decades. Parent comment

Re:SEC approves Texas Stock Exchange, first new US integrate... by UltraSane on Wednesday October 08, 2025 @08:17PM (#45522083)
No, it is proof that they are parasitically extracting money via non-productive strategies like latency arbitrage and order front-running.
[ Parent | on HN ]
Re:SEC approves Texas Stock Exchange, first new US integrate... by bawolff on Thursday October 09, 2025 @05:54AM (#45525558)
Which is changing market conditions.
[ Parent | on HN ]
Re:SEC approves Texas Stock Exchange, first new US integrate... by jpfromlondon on Thursday October 09, 2025 @06:21AM (#45525727)
Liquidity provision is valuable though, and it's not really parasitic to exploit inefficiencies, it's not even that profitable a strategy today.
[ Parent | on HN ]
Re:SEC approves Texas Stock Exchange, first new US integrate... by UltraSane on Thursday October 09, 2025 @01:12PM (#45530441)
It isn't nearly valuable enough to compensate for the wealth HFT extracts from the market.
[ Parent | on HN ]
Re:SEC approves Texas Stock Exchange, first new US integrate... by jpfromlondon on Monday October 13, 2025 @04:25AM (#45566075)
your information seems to be at least a decade out of date
[ Parent | on HN ]