• lolcatnip@reddthat.com
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    10 months ago

    High frequency trading is fully automated insider trading done in broad daylight, but nothing gets done about it because most people don’t understand what it is. It shouldn’t be taxed; it should be illegal.

    • IchNichtenLichten@lemmy.world
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      10 months ago

      It’s a long and convoluted route from that to their 401ks not bring as plump as they could be. Indirect robbery of thousands is more palatable than being mugged for a few dollars.

    • Coasting0942@reddthat.com
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      10 months ago

      We’re not asking for 5 minute intervals. Just 1-2 second intervals would stop that automated stuff, or at least diminish it significantly. How about setting it to how long it takes light to go around the world twice +1 second?