The *NEW* Frank Coluccio Technology Forum Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : The *NEW* Frank Coluccio Technology Forum

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: aladin who wrote (34754)	8/2/2010 6:51:15 PM
From: axial	Read Replies (2) of 46821

Re:"Like I said - all technology has a dark side." And the bright side of HFT is ...? The value-added proposition is ...? Understood, if you're simply stating "I like HFT", fine. If you're making a reasoned argument that's something different. What's the downside of radio? What's the downside of Salk vaccine? It makes a tremendous contribution to the health and welfare of our society. We all understand the downside of nuclear energy, but we also see what we get for the tradeoff: power, heat, light. We have a choice; we're not obligated to accept any practice using any technology if the costs exceed the benefits. Is HFT so valuable that we should tolerate its abuses, and the extraction of tens of billions of dollars from the trading process? What's the multiplier that returns this money to the economic virtuous circle, in many more billions? Or is it simply more financial sector rent-seeking with no economic benefit? Please explain. What value, societal gains and economic benefits justify HFT's "dark side"? Jim

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next