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A comment on Tesla Stockholders Can't Take a Joke. Parent comment
http://faculty.chicagobooth.edu/eric.budish/research/HFT-Fre...
Note that this doesn't deal with the distributed systems problems of multiple exchanges so would require a universal exchange monopoly (ie an impossible and unwanted condition).
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http://faculty.chicagobooth.edu/eric.budish/research/HFT-Fre...
Note that this doesn't deal with the distributed systems problems of multiple exchanges so would require a universal exchange monopoly (ie an impossible and unwanted condition).