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Comment Re: Faith in the System at risk? (Score 1) 138

These HFT's only get trades when they offer a better prices than anyone else. That should be the end of the discussion. The fact that there is such vicious competition over the margin is a good thing.

Not when the HFT-er can offer a price and cancel it before anyone can bindingly accept the price just to see the reaction and adjust their offer price accordingly.

Comment Re:Fallacy (Score 1) 329

In the US, Boeing can read the laser-etched serial number from a screw or bolt and literally audit it backwards to every step from mine to factory to delivery. In China, you'd be laughed at if you even tried to do that, because auditing only works when the auditors themselves are trustworthy.

Knock off aeronautics parts are a thing now too.

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