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by CyberDildonics
258 days ago
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Retail investors railing against HFTs are sort of like those San Francisco types who protest new development to the benefit of their landlords. It's nothing like that since there isn't a limited resource and everyone has access to the core purpose, which is to trade stocks. What I notice with these discussions is that no one can actually explain why a retail investor or anyone would want computers trading underneath them millions of times a second. At best they try to give hft credit for the automation that happened with computers anyway. The only people that want it are the people doing it. That's not a business, that's a grift. |
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a) https://www.sefaria.org/Bava_Batra.90b.1?lang=bi&with=Introd...
b) https://sunnah.com/nasai/44