071: Eric Hunsader – Rigged Markets, Stealing and Corrupt Regulators w/ Founder of Nanex
Chat With Traders
00:00
The Benefits of HFT
One of the counter arguments that you often hear from those who are in favor of HFT, they often say that HFT provides participants with tighter spreads. Is that at all true? That's not true. So first question that I always ask and I never get an answer by the way is how you measuring your spreads. Are you measuring the widest in a second, the nearest in a second? Are you aggregating over longer periods of time? Because I can show you thousands and thousands of examples where stock will move 1% within a second yet maintain a 1 cent spread during that second. And it's not going to be the retail investor. They certainly do provide any benefit to somebody trading
Transcript
Play full episode
