Traders use powerfully fast computers and special software to trade securities. This makes it possible to get ultra efficient pricing when buying and selling securities.
Advantages accrue to the system, which can indirectly benefit small investors who have accounts with institutions such as mutual funds and pension funds.
Politicians often complain that such trading hurts small investors. Some traders complain about alleged effects on conventional trading.
That is the extent of all the noise you hear, other than the populist ignorance of politicians. ( See the Earl J Weinreb NewsHole® comments.)
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