Comment Re:The planet needs less people (Score 2, Interesting) 201
Preventing fertilizer and manure from washing away in rivers is also an option.
Preventing fertilizer and manure from washing away in rivers is also an option.
If you have evidence that front-running is happening, take it to the appropriate authorities.
most HFT algorithms are designed to simply quit the market
Makes sense, because arbitrage has a certain risk. No matter how fast you are, there's always a synchronization delay between markets, and if the markets fluctuate wildly, the risk increases. In the end, you are still better off with arbitrage.
The point is that arbitrage trades are available in the order books next to the local trades. If they don't offer a better price, you simply won't trade with them.
Yo momma was in the way.
"down" is where the enemy gate is, you mean.
Then you just send the guy to the infirmary.
I would, indeed, call such large-scale arbitrage traders parasites.
Then you would be a fool. Arbitrage traders provide a useful service, because they increase liquidity, and actually give you a better market price.
profit in the hands of these businesses that have inserted themselves into the transaction with no benefit to the any other party.
That's not how arbitrage works. They insert themselves between two disjoint markets, and offer trades from one market (e.g. London) on another (e.g. NYSE). Without these traders, you would have to open accounts on both markets, and watch the prices yourself, which would be almost certainly worse.
It is a common misconception that these traders sit between a regular trade on a single stock exchange. That's impossible and illegal.
If AP/CNN signs their original, then people can always compare derivative versions frame by frame if they suspect shenanigans.
What is his page missing
A margin.
the people who work there are capable of doing other jobs.
If these other jobs are similar enough, they'll probably disappear too.
Just because they take a percentage doesn't mean they are parasites. It all depends on what you get back for it. For example, risk calculations can be a valuable service.
A practical example: a diet of just Twinkies is deficient in protein, only containing 1 gram of protein per Twinkie cake of 135 kcal. If you ate 2000 kcal worth of Twinkies in a day, you'd be getting 15 grams of protein, which is not enough. For a few weeks, it's not going to kill you. In some cases, a low-protein diet may even help clear up some problems. But if you do this for a long time, you'll end up with kwashiorkor.
By the way, if it's all lies how do you know anything? Are you sure Donald Trump is president and today is Sunday?
Sure enough for the things I care about. For these particular examples, me knowing it is Sunday is the easiest to verify, and the most important.
If The NY Times can put a picture on their site, they can add a signature to the metadata. That's not particularly difficult or expensive.
Too many people don't even want to doubt their favorite news sources.
We are each entitled to our own opinion, but no one is entitled to his own facts. -- Patrick Moynihan
