A veteran programmer explains how the stock market became “rigged”

Re:A veteran programmer explains how the stock market became... by wcummings on Monday April 07, 2014 @08:14AM (#7545989)

My point is that regulating this kind of trading can also damage socially useful trading activity and that's why it's unlikely to happen. There's a lot of rabble rousing about HFT in these discussions on HN (in a similar thread someone went as far as to say arbitrage was not socially useful), I thought it was worth pointing out its more complicated than "HFT IS A BIG SCAM"

I'll admit its funny to see the libertarian bastion of HN get so worked up about HFT. Free markets are all fun and games when it's Uber or AirBnB, but HFT harming retail investors seems to really hit a nerve

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Re:A veteran programmer explains how the stock market became... by fleitz on Monday April 07, 2014 @12:05PM (#7547298)

That's the funny thing too, retail investors are fucked beyond believe and it has nothing to do with HFT and everything to do with not having satellite pictures of walmart parking lots, etc. They trade at such an unbelievable disadvantage that it's laughable that HFT could make any difference. (Plus retailers dont move big enough blocks to get into HFT issues)

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