Hacker News Reader

Why do we encourage microsecond scale HFT and tout its virtues, yet shut the market down for the majority of every day?

Why not go all the way and have markets running 24/7/365?

The NYSE and NASDAQ are planning to move to longer trading hours, 22/5 and 24/5 respectively.

And while at that. Remove all circuit breakers. Let the markets be free. Whatever they do. Rocket up or down.

We tried laissez-faire unregulated markets in the 1920s and it didn't go well for anyone but the robber barons.

Maybe you expect to be one of them, but you'll probably just end up in the soup lines with everyone else.

> We tried laissez-faire unregulated markets in the 1920s and it didn't go well for anyone but the robber barons.

yes, let's keep creating too-big-to-fails instead and reward them with bailouts for their mismanagement and borderline criminal misconduct.

>yes, let's keep creating too-big-to-fails instead and reward them with bailouts for their mismanagement and borderline criminal misconduct.

Or maybe we live in a world where nuance exists and there are there are more options on the table than anarchy and oligarchy?