High-Frequency Trading Actually Does More Harm Than Good

High-Frequency Trading Actually Does More Harm Than Good: Computerized financial trading that takes advantage of milliseconds of lag to capture profits isn’t actually good for markets, as high-frequency trading (HFT) proponents have long argued, according to wew work by University of Michigan economists. Instead, Quartz’s Simone Foxman writes, a common type of computerized HFT activity “harms the average investor” by skewing actually markets. [...]/p