Like the article points out, the inefficiencies of the market are being removed exactly because of these so called "vampire squid". Maybe we should call them "cleaner shrimp" instead, since they're performing a useful function?
Don't get me wrong, I tried my hand at some day trading a couple of years back and the HFTs helped to make it hard going. That was the problem with the business model I wanted to pursue at the time, though, not with the market itself.
Don't get me wrong, I tried my hand at some day trading a couple of years back and the HFTs helped to make it hard going. That was the problem with the business model I wanted to pursue at the time, though, not with the market itself.