Trevor Noah
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Appearances Over Time
Podcast Appearances
This is adding liquidity.
There's nothing wrong with it.
It's actually great, even though it, to my mind, completely deteriorates any faith you would have in the fairness of that system and is not American and not even capitalism.
It's cheating.
And they function on volume and volatility.
What I don't understand is so IEX comes in and they establish a parameter for trading speed.
They give you a set.
You cannot jump this amount of time.
They become faster than all the people on the exchange.
So they slow down the high frequency traders.
Correct.
Right.
Why isn't there a standard?
You can't buy less than a share, right?
They've set a standard for that.
You can't buy like a hundredth of a share.
Right.
So if there's a standard for share buying, why isn't there a standard for frequency of trading that is just the standard so everybody's on the same field?
They are unnecessary to the system.
They don't provide liquidity.