A couple of people here are blaming the market meltdown last week on high frequency trading.
Gee whiz, what isn't to be blamed on high frequency trading when 75 percent of the trading, and climbing, is high frequency?
These explanations have become a distinction without a difference.
So movements are amplified, so what? People just aren't used to the increased volatility, which is just like turning up the volume on the stereo. The music is the same, just louder.
