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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 JumpCrisscross on Thursday October 09, 2025 @12:43AM (#45523590)
> point isn't to make something 'wall street hates' it's to make something that doesn't get money eaten away by automated computers

Wall Street lobbies to ban HFT because HFT’s computers eat away less than traditional dealers would.

Retail investors railing against HFTs are sort of like those San Francisco types who protest new development to the benefit of their landlords.

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Re:SEC approves Texas Stock Exchange, first new US integrate... by CyberDildonics on Thursday October 09, 2025 @10:45AM (#45528447)
Retail investors railing against HFTs are sort of like those San Francisco types who protest new development to the benefit of their landlords.

It's nothing like that since there isn't a limited resource and everyone has access to the core purpose, which is to trade stocks.

What I notice with these discussions is that no one can actually explain why a retail investor or anyone would want computers trading underneath them millions of times a second.

At best they try to give hft credit for the automation that happened with computers anyway.

The only people that want it are the people doing it. That's not a business, that's a grift.

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Re:SEC approves Texas Stock Exchange, first new US integrate... by resters on Thursday October 09, 2025 @10:58AM (#45528628)
Does one of the following traditions inform your view on this issue?

a) https://www.sefaria.org/Bava_Batra.90b.1?lang=bi&with=Introd...

b) https://sunnah.com/nasai/44

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Re:SEC approves Texas Stock Exchange, first new US integrate... by UltraSane on Thursday October 09, 2025 @01:07PM (#45530357)
This comment makes no sense at all.
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Re:SEC approves Texas Stock Exchange, first new US integrate... by CyberDildonics on Thursday October 09, 2025 @04:35PM (#45532760)
I have no idea what this comment you are copy and pasting is supposed to mean, but if you want to confront what I actually wrote, feel free.
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