I guess they were betting to get this HFT thing going unsuspected with normal market conditions, but for they bad luck, after regNMS the market gone trough 2 crisis .
There are no big slow fishes out there anymore, no liquidity, and the small ones soon enough found out what was all that about.
Just imagine how much more money would they made if the markets countinued to operate under pre-2007 conditions and traders didn´t care about them cause there would be a plenty of liquidity left out there.
There are no big slow fishes out there anymore, no liquidity, and the small ones soon enough found out what was all that about.
Just imagine how much more money would they made if the markets countinued to operate under pre-2007 conditions and traders didn´t care about them cause there would be a plenty of liquidity left out there.
