← Back to context Comment by mitxela 3 hours ago The upwards money funnel?Maybe they're both bad? 5 comments mitxela Reply shric 2 hours ago I work for an HFT (not Jane Street) so I am biased, but we (the HFT industry as a whole) are quite small compared to big tech.I’d estimate the total global HFT revenue to be 100 billion dollars a year, which is less than Apple and a tiny percentage of all big tech combined. anon-3988 13 minutes ago I would love to talk more with you about HFT work :) i am working in one myself! Please email akazaa96@gmail.com if you wanna have a chat! bluecalm 10 minutes ago There is a lot of value in markets being efficient and cheap to trade in. Someone needs to do the job. The cheaper the job is done the better.Same goes for market making.If someone is getting rich providing that service - great! Additional bonus is that it's usually very smart people getting the money. skippyboxedhero 1 hour ago what do you mean by bad? you want someone to be on the other side of every investment you make...for free? why don't you do this yourself? selestify 3 hours ago How is this any more of an upwards money funnel than the prohibitively expensive spreads and commissions that hindered lay access to the markets?
shric 2 hours ago I work for an HFT (not Jane Street) so I am biased, but we (the HFT industry as a whole) are quite small compared to big tech.I’d estimate the total global HFT revenue to be 100 billion dollars a year, which is less than Apple and a tiny percentage of all big tech combined. anon-3988 13 minutes ago I would love to talk more with you about HFT work :) i am working in one myself! Please email akazaa96@gmail.com if you wanna have a chat!
anon-3988 13 minutes ago I would love to talk more with you about HFT work :) i am working in one myself! Please email akazaa96@gmail.com if you wanna have a chat!
bluecalm 10 minutes ago There is a lot of value in markets being efficient and cheap to trade in. Someone needs to do the job. The cheaper the job is done the better.Same goes for market making.If someone is getting rich providing that service - great! Additional bonus is that it's usually very smart people getting the money.
skippyboxedhero 1 hour ago what do you mean by bad? you want someone to be on the other side of every investment you make...for free? why don't you do this yourself?
selestify 3 hours ago How is this any more of an upwards money funnel than the prohibitively expensive spreads and commissions that hindered lay access to the markets?
I work for an HFT (not Jane Street) so I am biased, but we (the HFT industry as a whole) are quite small compared to big tech.
I’d estimate the total global HFT revenue to be 100 billion dollars a year, which is less than Apple and a tiny percentage of all big tech combined.
I would love to talk more with you about HFT work :) i am working in one myself! Please email akazaa96@gmail.com if you wanna have a chat!
There is a lot of value in markets being efficient and cheap to trade in. Someone needs to do the job. The cheaper the job is done the better.
Same goes for market making.
If someone is getting rich providing that service - great! Additional bonus is that it's usually very smart people getting the money.
what do you mean by bad? you want someone to be on the other side of every investment you make...for free? why don't you do this yourself?
How is this any more of an upwards money funnel than the prohibitively expensive spreads and commissions that hindered lay access to the markets?