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orangecat 2 hours ago

Ok, and how does banning short-term trading make the world more fair?

amelius 2 hours ago | parent [-]

For one thing because now people who own high-speed low-latency connections to stock markets have no advantage over "normal" people who actually do meaningful work, like being a policeman or nurse.

azan_ an hour ago | parent | next [-]

Price discovery and increasing liquidity is meaningful work.

amelius an hour ago | parent [-]

To a very limited extent, maybe.

logicchains 2 hours ago | parent | prev [-]

>people who actually do meaningful work, like being a policeman

Making a sudden event that happened on the other side of the world reflect in the local market price at almost the speed of light is far more meaningful work than going around shooting dark-skinned people.