As the brilliant but understated Andy Haldane, former chief economist at the @bankofengland, detailed, #HFTs add "liquidity during a monsoon & absorb[] it during a drought." To mix metaphors, they aren't going to catch a falling knife-they exit when profits are at risk.
As the brilliant but understated Andy Haldane, former chief economist at the @bankofengland, detailed, #HFTs add "liquidity during a monsoon & absorb[] it during a drought." To mix metaphors, they aren't going to catch a falling knife-they exit when profits are at risk.
@DennisKelleher @bankofengland Did some say “Infinite Liquidity”? Imagine FYI, if 99.99% of @SBF_FTX Bankruptcy claim were fake, which bankruptcy claims needs 2️⃣provide proof? Those claims were “Tokenized Stock” & “Collateral Agreements” more than the Entire Global Stock Market Value? @GaryGensler @LisaMonaco
@DennisKelleher @bankofengland They shut off the buy button when profits are at risk! You know, change the rules when they lose!