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Comment No Incentive (Score 2) 500

HFT could be curbed simply by raising the execution price for each consecutive trade a firm makes in an hour (or even in a minute). Won't affect most traders, but HFTs would become more expensive. There's really no incentive for the exchanges to do this, since they're raking in millions in co-location fees and they're able to claim lower execution times for most trades.

Comment Re:Call me stupid but... (Score 1) 147

It's not a question of backup and time required to backup, it's more of a question of what happens when your company gets sued. The plantiff's legal team could request that all of your records relevant to the complaint be turned over. It could take hundereds of man-hours to go through decades worth of data to find the relevent documents. After all, you don't want trade secrets and the like to be entered into any sort of public record.

This is especially important in the healthcare field. Hospitals and Doctors get sued all of the time. To respond to discovery requests and subpoenas, they can waste a lot of the IT team's time just scrubbing through years of personal e-mails. When I worked at major hospital a few years back, this was a huge concern.

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