330
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 06 Aug 2023
330 points (98.5% liked)
Today I Learned (TIL)
6525 readers
1 users here now
You learn something new every day; what did you learn today?
/c/til is a community for any true knowledge that you would like to share, regardless of topic or of source.
Share your knowledge and experience!
Rules
- Information must be true
- Follow site rules
- No, you don't have to have literally learned the fact today
- Posts must be about something you learned
founded 2 years ago
MODERATORS
Is there any reason not to regulate HFT out of existence ?
I understand that the stock market can be beneficial but High Frequency Trading?
It's just a parasite to the economy, sucking money without any benefit.
Remember: Wealthy people exploiting the system are resourceful. Poor people exploiting the system are criminals.
Because wealthy people can afford lawyers and accountants to figure out how to exploit the system without breaking laws (or at least minimize the chance of going to trial, and failing that, minimize the sentence/fines.)
Its the system that's broken, see? That's who's killing people now and future, not me and Elon and Jeff (AND Tim ytf does he always get a pass???) Its like, don't hate the playa, hate the game, bro! And besides, who voted for the schmucks who set all this up anyway? I didn't, I don't even vote lol. No, it's all of you! So really, it's your fault. You're welcome!