Jobs that either don’t contribute in any meaningful way or jobs where one would be better off if they were paid to be on call.
Jobs that either don’t contribute in any meaningful way or jobs where one would be better off if they were paid to be on call.
Flash traders.
They abuse the technologies used by the stockmarket to buy and sell within milliseconds, so they can make a profit. They add absolutely nothing of value to the system, yet leech both money and talented employees from the market.
God I wish they would tax trades. Not even much. Like 1,000 trades for a dollar or something. Just to stop that type of fuckery.
Not at all. They are the ones who make markets efficient. Although I would consider frontrunning retail using private order flow data is bullshit.