oh yeah, HFT do have benefits....for themselves, cant see much...

  1. 1,871 Posts.
    oh yeah, HFT do have benefits....for themselves, cant see much benefit for shareholders, here's BCI as a small example. Have a Captain Cook at BCI "trades" so far today.Did someone mention liguidity ? Easy to manipulate when there's no buyers around ? You betcha


    10:49:57 AM 2.600 7 18.200
    10:49:57 AM 2.600 50 130.000
    10:47:35 AM 2.600 3 7.800
    10:47:35 AM 2.600 16 41.600
    10:47:35 AM 2.600 96 249.600
    10:47:35 AM 2.600 27 70.200
    10:47:35 AM 2.600 22 57.200
    10:47:35 AM 2.600 200 520.000

    9:59:47 AM 2.690 1 $2.690 ************** opening trade

    15 buyers for 46,485 units
    37 sellers for 297,827 units
 
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