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		mike_herrera on April 7, 2014 \| parent \| context \| favorite \| on: A Fervent Defense of Front-running HFTs > And you think it's morally wrong even if it leads to better functioning markets with lower costs and better prices for everyone else. Citation?

harryh on April 7, 2014 [–]

Citation for what?

A) that jellicle thinks it's morally wrong? He certainly seems to think that.

B) That costs have lowered? Spreads have dropped 10-20x in the last 10 years. Here's the CIO of Vanguard talking about how that's benefited everyone who buys one of their index funds:

http://www.cnbc.com/id/49434073

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