Re:A veteran programmer explains how the stock market became...
by ThomPete on Monday April 07, 2014 @11:19AM
(#7546965)
I was replying to this:
*"...If that happened because HFT market markets decided not to use the TSX anymore and instead haunt exchanges that were amenable to HFT, that's evidence that HFT was helping individual investors..."
Which claims that because people move to places that are not regulated/taxed it's a proof that HFT was helping individual investors.
That was in return in the context of me asking whether the reason why the Canadian market lost out was because it did so alone.
In other words. If ALL markets included taxation would the same drop happen? Or in even other words. If something can't handle being taxed is that an argument for not taxing it? Wouldn't it just be evened out.
I am not assuming HFT is bad or good. I am actually trying to figure out what exactly it's good for.
I understand how it's good for those who trade on the market, what I have not yet seen is any examples of how that transcends to society as a whole. And until someone can give me obvious examples of that I don't believe it's irrational for me to be sceptic.
*"...If that happened because HFT market markets decided not to use the TSX anymore and instead haunt exchanges that were amenable to HFT, that's evidence that HFT was helping individual investors..."
Which claims that because people move to places that are not regulated/taxed it's a proof that HFT was helping individual investors.
That was in return in the context of me asking whether the reason why the Canadian market lost out was because it did so alone.
In other words. If ALL markets included taxation would the same drop happen? Or in even other words. If something can't handle being taxed is that an argument for not taxing it? Wouldn't it just be evened out.
I am not assuming HFT is bad or good. I am actually trying to figure out what exactly it's good for.
I understand how it's good for those who trade on the market, what I have not yet seen is any examples of how that transcends to society as a whole. And until someone can give me obvious examples of that I don't believe it's irrational for me to be sceptic.