| ▲ | mitxela 3 hours ago | |
The upwards money funnel? Maybe they're both bad? | ||
| ▲ | skippyboxedhero 11 minutes ago | parent | next [-] | |
what do you mean by bad? you want someone to be on the other side of every investment you make...for free? why don't you do this yourself? | ||
| ▲ | shric 2 hours ago | parent | prev | next [-] | |
I work for an HFT (not Jane Street) so I am biased, but we (the HFT industry as a whole) are quite small compared to big tech. I’d estimate the total global HFT revenue to be 100 billion dollars a year, which is less than Apple and a tiny percentage of all big tech combined. | ||
| ▲ | selestify 2 hours ago | parent | prev [-] | |
How is this any more of an upwards money funnel than the prohibitively expensive spreads and commissions that hindered lay access to the markets? | ||