GOODBYE HFT - EU Lawmakers Seek High-Frequency Trade Curbs in Markets Law

[JuniorCTA]

Quote from Rationalize:

Cash equities OTC

Got phones?

can you speak at the frequency of an auctioneer? or is that cheating?

 

[Rationalize]

Quote from JuniorCTA:

can you speak at the frequency of an auctioneer? or is that cheating?

UPDATE:

No phones allowed.

Retail may not have fair access to "low latency" touch-tone phones.

All transactions to be executed by semaphore & courier pigeon.

 

[JuniorCTA]

Quote from Rationalize:

UPDATE:

No phones allowed.

Retail may not have fair access to "low latency" touch-tone phones.

All transactions to be executed by semaphore & courier pigeon.

Remote control planes then?

 

[logic_man]

Quote from Rationalize:

meh .. back to blaming hedge funds, or those "evil" short sellers, or whatever.

Anything to avoid actually taking responsibility for shitty trades.

No way, man.

Once HFT is banned, emg will be starting threads titled "95% of small traders win! They just win!"

If I were one of the traders who just knows for a fact that without HFT in the markets, I'd be profitable, I'd go out and buy a nice Ferrari in anticipation of my soon-to-be wealth.

 

[Rationalize]

Quote from logic_man:

No way, man.

Once HFT is banned, emg will be starting threads titled "95% of small traders win! They just win!"

If I were one of the traders who just knows for a fact that without HFT in the markets, I'd be profitable, I'd go out and buy a nice Ferrari in anticipation of my soon-to-be wealth.

+1

Evil genius at work!

 

[hft_boy]

Quote from Rationalize:

UPDATE:

No phones allowed.

Retail may not have fair access to "low latency" touch-tone phones.

All transactions to be executed by semaphore & courier pigeon.

No, no, that won't work. What will happen when somebody figures out that some pigeons are lower latency than other pigeons?!

 

[Rationalize]

Quote from hft_boy:

No, no, that won't work. What will happen when somebody figures out that some pigeons are lower latency than other pigeons?!

Then you tax everyone, to slow the birds?

 

[hft_boy]

Quote from Rationalize:

Then you tax everyone, to slow the birds?

LOL

 

[logic_man]

Those who oppose HFT should post what you think your profits will be like once it's banned. 100%/year? 1000%? 10,000%?

Since you know that it's HFT and only HFT that puts you in the losing trader category, you must have some idea of how big a winner you'd be when it's gone.

Please, enlighten the rest of us.

 

[AKUMATOTENSHI]

Quote from Rationalize:

meh .. back to blaming hedge funds, or those "evil" short sellers, or whatever.

Anything to avoid actually taking responsibility for shitty trades.

That is about the jist of it. I am sure the PPT uses the same technology. The funny thing is it is so easy to back door these operations into the common market under a different name and location. This will not stop HFT activities nor will it correct the issue. Adaptive technologies could mitigate the issue but you not stop human greed.