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Technology Stocks : The *NEW* Frank Coluccio Technology Forum

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To: axial who wrote (35664)9/14/2010 4:49:16 PM
From: aladin  Read Replies (3) of 46821
 
Jim,

Your constant attacks on High Frequency Trading had me being very defensive of the technologists involved in the underlying algorithmic systems.

However, after discussions with a number of insiders I am inclined to be much more supportive. HFT has driven the average hold time for some symbols to less than a minute - one symbol was so highly traded its average hold time was down to 17 seconds.

I cannot find any published reports on this, but it is indeed scary.

John
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