As much as I'd like to see HFT go away, I really can't see it happening. Most of these firms are in bed with the exchanges anyway, plus its computers, and that is the direction everything is heading. Since when has anything good happened for us small traders? It's all based around what the big high-vol firms are doing, they are the market, 60-80% of the volume? What hope do we have?
I fear it's just going to be super-computers battling it out against each other and we all go back to driving trucks, same as it won't be long before we don't need drivers for cars, or people serving us in shopping centres.
I fear it's just going to be super-computers battling it out against each other and we all go back to driving trucks, same as it won't be long before we don't need drivers for cars, or people serving us in shopping centres.