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Pushing technical trading platforms to the public? I don't follow how there is an overgeneralized public here, or how they are pushing something. They are relea
by prsutherland 14y ago
Pushing technical trading platforms to the public? I don't follow how there is an overgeneralized public here, or how they are pushing something. They are releasing a tool to those who want to use it.
What companies like this do makes the RESEARCH for quant trading available to those who otherwise wouldn't have access. The organizations and people with the means to buy or build their own tools to do this were already doing it. Whether or not they are doing something that benefits the greater good is neither here nor there.
Saying those tools shouldn't be available to the general public is analogous to the old gun ownership argument. If guns are outlawed, only the outlaws will have guns. If only a limited few have the means to do quant research, it puts those who don't have access to those tools at a dangerous disadvantage.
Yes, there are risks to any sort of paradigm shift, but limiting the accessibility will hurt those who don't have access. If you (being someone who doesn't have the means) are unable to adapt to the changes, then you perish.