I’m very much not sure discouraging HFT is a bad thing.
It’s not just the “bad” HFT. It’s any very-low-margin activity.
But normal taxes have the same effect, don’t they?
Nope, normal taxes scale with profit, not with transaction size.
It’s not just the “bad” HFT. It’s any very-low-margin activity.
Nope, normal taxes scale with profit, not with transaction size.