According to Business Insider’s Linette Lopez,
Getco, the high frequency trading firm that bought Knight Capital last year, reported earnings for the first time yesterday, and it was total carnage. The company’s profits were down 82% from this time last year because the market lacked the high volume and volatility high frequency traders feed off of, according to Bloomberg:
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.jpg "High-Frequency Trading Leaders Forum 2013, \"Strategic and Tactical Insights for Investors, Speed Traders, Brokers and Exchanges\",")
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