Spot The Birth Of High-Frequency Trading

Spot The Birth Of High-Frequency Trading (ZeroHedge, Feb 28, 2015):

One of these things is not like the other… one of these things just doesn’t belong…

HFT

h/t @NanexLLC

Since the ‘enabling’ of high-freqnecy trading on US equity exchanges, instead of ‘stability’ or ‘liquidity’, the only word this chart screams at us is… ‘noise’.

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