Re:How to Get a Job in Algorithmic Trading
by brational on Thursday December 18, 2014 @09:21AM
(#8767283)
I think there are 2 pieces to discuss.
1) Is alg trading overall a good thing? Possibly. It adds liquidity which helps ensure proper movement of money. Whether that is overall a good thing or not can be debated.
2) Is it a good thing to make a ton of money off of this? This is the question that is maybe a more obvious no. But you can apply the same logic to basically all of financial services. How much is too much?
1) Is alg trading overall a good thing? Possibly. It adds liquidity which helps ensure proper movement of money. Whether that is overall a good thing or not can be debated.
2) Is it a good thing to make a ton of money off of this? This is the question that is maybe a more obvious no. But you can apply the same logic to basically all of financial services. How much is too much?