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by UltraSane 259 days ago
No, it is proof that they are parasitically extracting money via non-productive strategies like latency arbitrage and order front-running.
2 comments
jpfromlondon 259 days ago
Liquidity provision is valuable though, and it's not really parasitic to exploit inefficiencies, it's not even that profitable a strategy today.
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UltraSane 258 days ago
It isn't nearly valuable enough to compensate for the wealth HFT extracts from the market.
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jpfromlondon 255 days ago
your information seems to be at least a decade out of date
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bawolff 259 days ago
Which is changing market conditions.
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