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Vanderbilt Study: High-Frequency 'Phantom Liquidity' Is Not Hurting Retail Traders
Friday, July 29, 2016 - 11:25am | 414A new study by Vanderbilt University Assistant Professor Jesse Blocher has seemingly debunked the myth that high-frequency traders (HFTs) are systematically setting pricing traps to lure retail traders. HFTs are the primary topic of Michael Lewis’ best-selling book “Flash Boys,”...