The purpose is to make money, as with _all_ businesses. You think Apple want to make products and improve people's lives without making money? If so, why don't they reduce the prices? You think Google is all about…
"I don't know about "often," unless you're talking about trading individual issues where news events introduce a high degree of uncertainty. There's really only been one case of a market-wide drying up of liquidity,…
Why is it concentrated in fewer hands? Yes, there are fewer firms, but many people employed at those firms. For example, Knight has over 1000 people.
The purpose is to make money, as with _all_ businesses. You think Apple want to make products and improve people's lives without making money? If so, why don't they reduce the prices? You think Google is all about…
"I don't know about "often," unless you're talking about trading individual issues where news events introduce a high degree of uncertainty. There's really only been one case of a market-wide drying up of liquidity,…
Why is it concentrated in fewer hands? Yes, there are fewer firms, but many people employed at those firms. For example, Knight has over 1000 people.