088: Dave Lauer – A Former-High Frequency Trader Talks Speed, Market Structure and Dark Pools
Chat With Traders
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The Butterfly Effect
During the flash crash, you had this epiphany one day that led you to pretty much quit working within an HFT firm. "I don't think it's a good use of my time of my intellect," he says. The work was very stressful; writing software is responsible for millions of dollars going through in very short timescales. You can only have so much stress before you're done and I feel like I could be doing more responsible things or something that made the world a better place"
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