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Low latency trading should be forbidden.

The exchanges should add random amounts of latency to every trade.

Why? Historically spreads have been much wider, I for one appreciate how close they trade now. Instead of a guy on the floor taking dollars from you, you have a bot taking pennies.

Even large funds like Vanguard have said that the current system has reduced costs in net.

> Instead of a guy on the floor taking dollars from you, you have a bot taking pennies.

^ excellent way to put it

They do it's called exchange jitter. And you still have HFT

Add more jitter.

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