this post was submitted on 06 Aug 2023
351 points (98.6% liked)
Today I Learned (TIL)
6593 readers
1 users here now
You learn something new every day; what did you learn today?
/c/til is a community for any true knowledge that you would like to share, regardless of topic or of source.
Share your knowledge and experience!
Rules
- Information must be true
- Follow site rules
- No, you don't have to have literally learned the fact today
- Posts must be about something you learned
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
OP's article is quite good.
It's more likely that there were several factors in play, including Wadell & Reed.
But if the market practices weren't so flawed with HFTs, none of that would have caused what happened.
Yeah, as it says it's like blaming lightning for starting a forest far.
The current dark pool stuff is probably ten times worse.