jeffw@lemmy.worldM to News@lemmy.world · 2 years agoUS Billionaires Have Doubled Their Wealth Since 2017 Trump Tax Overhaultruthout.orgexternal-linkmessage-square87fedilinkarrow-up1684arrow-down18cross-posted to: [email protected]
arrow-up1676arrow-down1external-linkUS Billionaires Have Doubled Their Wealth Since 2017 Trump Tax Overhaultruthout.orgjeffw@lemmy.worldM to News@lemmy.world · 2 years agomessage-square87fedilinkcross-posted to: [email protected]
minus-squareCorkyskog@sh.itjust.workslinkfedilinkarrow-up3·2 years agoFor a week, until all the quants do the math and realize HFT isn’t profitable anymore.
minus-squareFlying Squid@lemmy.worldlinkfedilinkarrow-up2·2 years agoThat would mean less revenue, but stock traders would still make many transactions per day like they did before HFT, so it would still bring in a massive amount of revenue.
minus-squareCorkyskog@sh.itjust.workslinkfedilinkarrow-up3·2 years agoWell yeah, significantly less (50% of all trades are HFT) but I see your point.
For a week, until all the quants do the math and realize HFT isn’t profitable anymore.
That would mean less revenue, but stock traders would still make many transactions per day like they did before HFT, so it would still bring in a massive amount of revenue.
Well yeah, significantly less (50% of all trades are HFT) but I see your point.