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I'm sceptical that HFT is good for the public. What did you do to ensure your system wouldn't make a flash crash worse?


Why is it his business to defend other market participants?


I didn't say it was. But everyone should be in the business of not being evil and not exasperating the problems of others. In trading that means not contributing to flash crashes.

I am not saying that this guy's trading did contribute to flash crashes! He may have successfully implemented systems to prevent that. I hope he did, and if so I'm interested to hear how.




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