[Infowarrior] - The ONE Revelation About HFT Programs That Truly Scares Bankers
Richard Forno
rforno at infowarrior.org
Tue Apr 8 06:23:38 CDT 2014
(I don't normally post ZH stuff but this article hits pretty close to home -- I've seen the effects of these algo-antics firsthand over the years in the futures markets. I'm fine w/speed of trading execution ... but I am opposed to flat-out deception and manipulation of market realities. Indeed, with HFTs, the notion of objective price discovery and "true value" is dead.. --rick)
The ONE Revelation About HFT Programs That Truly Scares Bankers (It's Not Stock Market Rigging)
http://www.zerohedge.com/contributed/2014-04-08/one-revelation-about-hft-programs-truly-scares-bankers-its-not-stock-market-r
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Just because i'm near the punchbowl doesn't mean I'm also drinking from it.
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