Joshua Younger on the Treasury Market: Structure, Stressors, and Potential Reforms
Macro Musings with David Beckworth
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The Trade Off Between Efficiency and Resiliency With High Frequency Trading
High frequency trading is a trade off between efficiency and resiliency. It's like the markets equivalent of just in time supply chains, which function really well under normal circumstances but struggle under stress. The decision was made to preference size constraints over kind of activity within the banking parimeter. And i think we maybe talk about this in a minute with a dash for cash in 20 20.
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