HFT is like a million tiny trolls underneath the bridge trying to extract their ... | Hacker News

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		astrodust on April 15, 2013 \| parent \| context \| favorite \| on: Show HN: I'm building an open-source, high-frequen... HFT is like a million tiny trolls underneath the bridge trying to extract their tax.

jarek on April 15, 2013 [–]

... replacing one big troll on the bridge that used to extract more than the million tiny ones' total...

astrodust on April 15, 2013 | [–]

The reason spreads have come down is mostly due to better information on the part of the traders. Electronic markets made this possible.

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