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>Then I’ll settle over the counter, directly with my counterparties, and disintermediate your marketplace

Not if that is made illegal.

>those looking to introduce complexity to solve a non-issue

Because HFT is not a huge complexity in itself?




> Not if that is made illegal

That would be a massive change to the American securities markets. Enough so that it might destroy them. “You can buy or sell your securities at competing venues” is a basic tent of finance.


Your suggestion is to make it illegal to sell a security at a specific price?




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