By 2024, high frequency trading will be significantly reduced in the US (either by regulation or by diminishing profits)
Created by RandomThinker on 2012-10-20; known on 2024-01-01
- RandomThinker estimated 65% on 2012-10-20
- Qiaochu estimated 50% and said “How significantly is significantly? As measured by number of trades or by total dollar amount traded? ” on 2012-10-21
- gwern said “http://www.nytimes.com/2012/10/15/business/with-profits-dropping-high-speed-trading-cools-down.html?hp&pagewanted=all seems relevant…” on 2012-10-21
- RandomThinker said “@gwern yea i think it’s peaked. @quiaochu by dollar amount traded, i think HFT will always have an advantage in number of trades.” on 2012-10-21
- RandomThinker said “Significantly will have to be qualitative since I don’t have a good measure. There’ll be more press along the lines of the NYT article. ” on 2012-10-21
- RandomThinker said “Even regulation is happening much faster than I thought. http://www.bloomberg.com/news/2014-04-10/high-frequency-trades-are-intense-focus-of-sec-white-says-1-.html” on 2014-04-11
- themusicgod1 estimated 63% and said “Ripple Labs already serves 15/top 50 banks. Once they hit 100% HFT is next. 2024 is right timeline for their wiping out HFT. Writing on wall” on 2016-10-10