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Old 09-14-2009
wind_magic wind_magic is offline
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Quote:
Originally Posted by TropicCat View Post
LOL..... lets see. 50% of all trades is Goldman Sachs running their 50 millisecond High frequency trading progam and that is supposed to inspire confidence in a market rally?
What are you talking about here, Trop - I assume you mean they are a market maker and that their computers are working the spread. On the ECN's, etc, by the rules of the exchanges there are market makers who post a bid/ask spread, and they have to accept trades, most of that is done by computer and it does result in an incredible number of trades.
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