At least this guy doesnât argue that high frequency trading, because
of the large volume it creates, provides liquidity for the market â a
disingenuous and specious claim. It so happens that volume is not
synonymous with liquidity. After the first 500-points of decline on
Thursday, the ârobotsâ as you call them shut off their machines and
took their bids with them as they ran for the hills. Some liquidity.
http://www.nytimes.com/2010/05/08/opinion/08durbin.html
of the large volume it creates, provides liquidity for the market â a
disingenuous and specious claim. It so happens that volume is not
synonymous with liquidity. After the first 500-points of decline on
Thursday, the ârobotsâ as you call them shut off their machines and
took their bids with them as they ran for the hills. Some liquidity.
http://www.nytimes.com/2010/05/08/opinion/08durbin.html