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A former high-frequency trader turned critic

Powerful computers can make hundreds of thousands of trades in milliseconds, making big money off tiny stock price differences. But is it bad for our financial system?

Marketplace Tech continues our Wall Street technology series with a look at high-frequency trading, where powerful computers can make hundreds of thousands of trades in milliseconds, making big money off tiny stock price differences. Dave Lauer is a former high-frequency trader, but he’s now a critic of the business. He explains why to Marketplace Tech guest host Mark Garrison. Click the audio player above to listen to the interview.

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