this post was submitted on 06 Aug 2023
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Today I Learned (TIL)

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[–] [email protected] 4 points 1 year ago* (last edited 1 year ago)

No sir HFT provides liquidity to the stock market, which makes it more efficient.

Removing high frequency traders would cause individual traders to get worse prices and/or wider bid/ask (buy/sell) price spreads.

Basically the big players WANT you to remove HFT so they can more easily manipulate prices to take advantage of small traders