Using computer algorithms, 400 firms accounted for 73% of US equity volume (opens in new tab)

(ft.com)

1 pointsstuffthatmatter16y ago3 comments

3 comments

3 comments · 1 top-level

stuffthatmatterOP16y ago· 2 in thread

Trading equities has turned into a casino. With bots.

neilc16y ago

I thought that was pretty common knowledge. Is it a bad state of affairs?

I don't think it's common knowledge. New York Times just did a piece on how companies like goldman sachs profit from high frequency trading

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