Brilliant, concise explanation. Just leaves out the cause, which will also answer many of the questions posted. HFTs came about and thrived as a result of stock exchanges converting from private memberships to “for profit” publicly traded corporations. That is when and why they stopped servicing the customer and began exploiting them in an effort to create and exploit new revenue streams.
Had exchanges maintained a fiduciary responsibility to the customers they were built to serve instead of the shareholders and investors desperate for constant growth, this debacle never would have happened. The model of a “for profit” exchange is an unsustainable one as it is impossible to continue to exist when you put investor profits ahead of customer fills.
Since many minimum wage earners eat fast food at places like McDonalds, won't their increase in wages be negated by the increase in the prices they pay?
I'm very interested in following your stock picks, but despite what you said in your interview, I can't find any articles from you on TalkMarkets or Seeking Alpha in over a year. Will you be publishing anything soon?
Latest Comments
Is 2015 The Year The Fed Comes To The Aid Of Gold And Silver Investors?
Great charts, thank you.
The Idiot's Guide To High Frequency Trading
Brilliant, concise explanation. Just leaves out the cause, which will also answer many of the questions posted. HFTs came about and thrived as a result of stock exchanges converting from private memberships to “for profit” publicly traded corporations. That is when and why they stopped servicing the customer and began exploiting them in an effort to create and exploit new revenue streams.
Had exchanges maintained a fiduciary responsibility to the customers they were built to serve instead of the shareholders and investors desperate for constant growth, this debacle never would have happened. The model of a “for profit” exchange is an unsustainable one as it is impossible to continue to exist when you put investor profits ahead of customer fills.
Anyone That Believes That Collapsing Oil Prices Are Good For The Economy Is Crazy
Yes, nice comment. I agree completely.
These 19 States Just Hiked The Minimum Wage: Here Come The "Unintended Consequences"
Since many minimum wage earners eat fast food at places like McDonalds, won't their increase in wages be negated by the increase in the prices they pay?
Top Stock Picks: 2014 In Review
Impressive, where can I find out more?
An Interview With Sanjeev Sharma
I'm very interested in following your stock picks, but despite what you said in your interview, I can't find any articles from you on TalkMarkets or Seeking Alpha in over a year. Will you be publishing anything soon?
Wishing Everyone A Happy New Year
What a beautiful family!
Easy Game
Couldn't they all be hoaxes... or at least exaggerations?
Facebook Is Facing A Class Action Lawsuit Over Private Message Scanning
Sounds like some 1st class "ambulance chasing" Signing into FB revokes all rights to privacy. Gimme a break.
Novo Nordisk's Saxenda Approved But Company Enters Into A Crowded Obesity Market
Thanks, I've had my eye on this stock.