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

Re:A veteran programmer explains how the stock market became... by yummyfajitas on Monday April 07, 2014 @10:01AM (#7546496)

Allowing a trader to make large trades makes price discovery happen faster and more accurately. I've written a more detailed explanation on my blog - read HFT apology 1 and 2.

http://www.chrisstucchio.com/blog/tags/high%20frequency%20tr...

As for the downvotes, I lead a small cult of traders, rationalists and scala programmers - tptacek is my #2 sycophant.

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Re:A veteran programmer explains how the stock market became... by ThomPete on Monday April 07, 2014 @10:07AM (#7546526)

So again the trader not the market/society.

Whats the benefit outside the stock market to society in general? I.e. how is HFT a net profit to other than those involved in HFT?

You are asking people to be specific, can you you?

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Re:A veteran programmer explains how the stock market became... by yummyfajitas on Monday April 07, 2014 @10:17AM (#7546591)

The tutorials I linked to address your questions in detail.

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Re:A veteran programmer explains how the stock market became... by ThomPete on Monday April 07, 2014 @10:26AM (#7546641)

You must be able to give examples.

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Re:A veteran programmer explains how the stock market became... by yummyfajitas on Monday April 07, 2014 @11:49AM (#7547184)

An example is provided in part 2 of the tutorial. Are you demanding I copy&paste it here?

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Re:A veteran programmer explains how the stock market became... by ThomPete on Monday April 07, 2014 @12:09PM (#7547322)

Yes please

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Re:A veteran programmer explains how the stock market became... by tptacek on Sunday April 13, 2014 @04:45PM (#7582942)

o.O

Amusingly: this comment was downvoted 8 minutes after I posted it, despite the thread being 6 days off the front page. :)

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