The rich now own a record share of stocks, about 93% of U.S. households' stock market wealth is held by the top 10% - eviltoast
  • Asafum@feddit.nl
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    1 year ago

    I wish I remembered the name of it but there was a really interesting documentary/video about how crazy the rapid trading got, to the point that companies were trying to install systems as close as physically possible to the physical location of the NASDAQ so their requests would have less “travel” time and show up before anyone else.

    Absolute insanity…

    • Copernican@lemmy.world
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      1 year ago

      Yeah. Didn’t the feds have to regulate that so that it was an equal playing field for transaction latency?