Wait… Spreads Haven’t Decreased After All?

19

January, 2012

HFT shrinks spreads and provides liquidity. You’ve heard it all a thousand times, and more. It’s good for you; take your Soma! Honestly, today when investors hear those words, they are wise to the propaganda, and they discount it appropriately. The only “defense” thrown up by the for-profit exchanges’ catering to HFT at each and every turn, is that they have done so for our collective good. Because of that platitude!

But what if it weren’t true? I mean like really not true; like what if an academic study came out

This content is restricted to site members. If you are an existing user, please login. New users may register below.