This part is actually a good thing. That said, I remain gobstopped that HFT is such a whipping boy in a world where no one responsible for the 2008 crash has been prosecuted or jailed.
The incident here seems to either be a clocking artifact or an excellent exploit of a momentary inefficiency in the market - just the sort of thing traders spend their careers on hunting down and exploiting - so why... so... serious???
This part is actually a good thing. That said, I remain gobstopped that HFT is such a whipping boy in a world where no one responsible for the 2008 crash has been prosecuted or jailed.
The incident here seems to either be a clocking artifact or an excellent exploit of a momentary inefficiency in the market - just the sort of thing traders spend their careers on hunting down and exploiting - so why... so... serious???