High Frequency Trading
The hottest thing in global capitalism right now is HFT (high frequency trading) where dark pools of money roam the financial ecosystem looking for quick kills. Using sophisticated computer algorithms, traders place thousands of orders per second, only to reverse them a few moments later. Sometimes these forays are not designed to actually buy any shares, but only to test the market and glean information about rivals. Traders scramble to gain advantage by moving their computers next to the stock exchange’s own servers, thus cutting transaction times down to millionths of a second.
HFT is a sinister development that escalates the self-destructive impulses of capitalism to a new, dangerous level. It is one of the most obnoxious schemes ever devised for getting money to beget money to beget money to beget money to beget money to beget money to beget money to beget money to beget money to beget money to beget money to beget money to beget money to beget money to beget money to beget money to beget money to beget money to beget money to beget money to beget money to beget money to beget money to beget money .............. ........................................................without end.
13 comments on the article “High Frequency Trading”
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Raph
They shouldn't make it sound like it's a new scheme, it's only a way to replicate the same old scheme through new technology. Insiders and Big Finance have always had the upper hand. True in 1800's, true today.
pootytang
I got the good times you didn't na na na na boo boo stick your head in doo doo.Great everyone is a 10 year old.(haters get nothing)
pootytang
I got the good times you didn't na na na na boo boo stick your head in doo doo.Great everyone is a 10 year old.(haters get nothing)
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