hft doomsday machine, page-2

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    "the dark side of trading" link from the previous article

    http://www.accountancy.smu.edu.sg/research/seminar/pdf/IliaDICHEV_paper.pdf

    "The combined impression from these results is that stock trading injects an economically substantial layer of
    volatility above and beyond that based on fundamentals, especially at high levels of trading."
 
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