SI
SI
discoversearch

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.
Politics : The Trump Presidency
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: TimF who wrote (33456)9/7/2017 12:34:48 PM
From: zzpat  Read Replies (4) of 362949
 
You're simply incorrect when it comes to the location of these super computers. To get that tiny fraction of a second advantage they need to be as close to the actual exchange as possible. I'm not suggesting you can't have HFT beyond that point, but once this technology was developed land values near exchanges soared. But none of this is as important as the damage HFT causes, including flash crashes and market chaos.

I'd have a hard time thinking of one good thing that comes from computer programs buying and selling within a fraction of second, surely no economic value for the country so why should it be taxed at a low rate?
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News