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by cmdrfred 3491 days ago
That chart is net volatility over 12 months and ends at 2014. I wonder how more recent and granular data would look.
1 comments

I was going to make the same point. At lower timescales, things look very different. Also the number of orders, cancels and corrects has exploded in the last couple of decades, purely because of algorithmic speculation. This makes the market significantly less transparent, and the weird and wonderful matching algorithms employed by exchanges often get gamed by colo'd traders with the relevant knowledge.