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Retrieved on: 2018-02-16 03:07:30
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<div>My views on this have been moderated by (of all things) <b>Vanguard Group</b> Chairman Bill McNabb (interviews here and here). McNabb has made a fairly credible case that HFTs make it easier and cheaper for giant shops like his, which has about $5 trillion under management, to execute orders.</div>
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