How #high-frequency trading hit a speed bump
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How high-frequency trading hit a speed bump
Smaller volumes and a fall in market volatility have dented business — so much so that some are quitting
Gregory Meyer, Nicole Bullock and Joe Rennison in New York
January 1, 2018
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The 19th century newspaper editor Horace Greeley urged young Americans to “Go West” to the unsettled frontier. When he went himself, the trip from Chicago to the Pacific took two-and-a-half months by steamboat and ox-drawn wagon. He later advocated a transcontinental railroad to speed up commerce and shorten the mail service to 10 days.