Don’t Worry, Be Happy – HFT Is Over, Dead, It’s Done
From the article:
The people actually doing HFT now are no longer making those super profits:
Alex’s story repeats Tabb Group data documenting a roughly 85 percent drop in HFT revenues in US equity trading. The Virtu-KCG proposed tie-up and the Quantlabs-Teza consummated one are indications of consolidation that is typical of maturing industries, and a shift it the business model of these firms.
https://www.forbes.com/sites/timworstall/2017/03/25/dont-worry-be-happy-high-frequency-trading-is-over-dead-its-done/#5001c688dcf8FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!