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by username223
2603 days ago
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Even 0.1% would probably be enough to tamp down most HFT. Unfortunately, this exchange doesn't seem to be aimed at that: > The LTSE is a bid to build a stock exchange... that appeals to hot startups, particularly those that are money-losing... > ... giving retail investors a chance to cash in on high-growth startups. That sounds like a private lottery at best, and a scam at worst. Maybe it wouldn't seem so bad if I read through the full SEC document, but I'll steer clear of this until plenty of other people have tried it out. |
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