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nitid_name | 11 years ago

I think the complaint against is generally that they're acting more akin to front runners than middle men.

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rqebmm|11 years ago

Either way, they're not doing market-making.

Don't get me wrong, there's lots of market perverting going on, but HFT isn't party to it.

Retric|11 years ago

They if nothing else threy distort the market by adding noise. As in 99.9% of the time no new information is used when they make a trade.