jeffw@lemmy.worldM to News@lemmy.world · 8 months agoUS Billionaires Have Doubled Their Wealth Since 2017 Trump Tax Overhaultruthout.orgexternal-linkmessage-square136fedilinkarrow-up1847cross-posted to: news@lemmy.world
arrow-up1847external-linkUS Billionaires Have Doubled Their Wealth Since 2017 Trump Tax Overhaultruthout.orgjeffw@lemmy.worldM to News@lemmy.world · 8 months agomessage-square136fedilinkcross-posted to: news@lemmy.world
minus-squareCorkyskog@sh.itjust.workslinkfedilinkarrow-up4·8 months agoFor a week, until all the quants do the math and realize HFT isn’t profitable anymore.
minus-squareFlying Squid@lemmy.worldlinkfedilinkarrow-up3·8 months agoThat would mean less revenue, but stock traders would still make many transactions per day like they did before HFT, so it would still bring in a massive amount of revenue.
minus-squareCorkyskog@sh.itjust.workslinkfedilinkarrow-up4·8 months agoWell yeah, significantly less (50% of all trades are HFT) but I see your point.
For a week, until all the quants do the math and realize HFT isn’t profitable anymore.
That would mean less revenue, but stock traders would still make many transactions per day like they did before HFT, so it would still bring in a massive amount of revenue.
Well yeah, significantly less (50% of all trades are HFT) but I see your point.