High Frequency Trading vs Who?
The investment market juiciest topic is High Frequency Trading or HFT. HFT isn’t fair. HFT is bad. HFT hurts everyone.
Well what about commissions and the dreaded spread? Are commissions higher or lower than ever before? Are spreads one cent to a few cents apart or are they 50 cents or more apart? Who can we blame or thank for lower commissions and tighter spreads? HFT?
Liquidity. Have Banks and Financial Institutions increased liquidity? Have the individual investor increased liquidity?
Does HFT really hurt everyone? Has HFT helped?