Re:High Frequency Dating
by amalag on Thursday November 21, 2013 @09:18AM
(#6774724)
Says the industry groups profiting from it.
[ Parent
| on HN ]
and the empirical data, source or gtfo
Re:High Frequency Dating
by patrickdavey on Thursday November 21, 2013 @01:18PM
(#6776347)
http://www.amazon.com/Dark-Pools-Machine-Traders-Rigging/dp/...
Good book. HFT gives the illusion of liquidity - can dry up real quick and if things go wrong, well, as suggested below, you get the Flesh Crushes ;)
Some guy with an MFA is not qualified to talk about HFT and liquidity. I was referring more to an academic source, flash crashes are more the exception and not the rule; they stabilize quickly and have little to no lasting negative effect on industry.