The chinese quants are trading at close to speed of light due to secret government FPGA tech. All the western quant companies are shitting themselves and are going to pull out of the market soon. Get out while you still can.
Ling Long told me buy the dip.
I thought fast trading was banned.
>>17042915Sounds like complete nonsense to me. Even if the Chinese had faster HFT there would still be large differences in strategy, location, jurisdiction... Do you have any sources or further information?
what's even the point of the stock market anymore now that it's 100% divorced from any reality of the companies involved and is now just an incestuous computer algorithm orgy?
>>17042944they gotta have somewhere to park the trillions of dollars they have printed (to ensure we have a healthy 20% per year inflation rate)
>>17042933>Even if the Chinese had faster HFT there would still be large differences in strategy, location, jurisdictionThat seems naive.>strategythey have higher iq>locationcan just get a place in wall street>jurisdictionthey don't care about legality, just bribe and blackmail people with cunnies
>>17042915>trading at close to speed of lightfinance is not about making lots of trades fastit's about making few, good decisions and then sitting there, holding your dick until it's the right time to blow.
>>17042915>trades at speed of light>waits for local internet to process
>>17042915does hft even matter these days? You could make more profits by simply buying meme stocks and holding it for a year. hft gains are tiny unless you got insider information.
>>17042915based.i will not be satisfied until 10% of gdp is misallocated/50% of ivy league/140+ IQ graduates are absorbed into 80 city blocks of pure jane street compute making the angels dance on the pins head.