<instructions>Your goal is to analyze the following comment and estimate how highly it will be upvoted by the Hacker News community.</instructions><comment><author>mmodahl</author><text>The technology put a lot of people out of work and at the same time eliminated a loophole that wealthy people had to take advantage of the markets.&lt;p&gt;That is a recipe for vilification.&lt;p&gt;Think of the wrath of the unemployed truck and taxi drivers that will be aimed at the evil computer programmers and engineers who perfect self-driving cars and trucks.  The headlines will be amazing.</text><parent_chain><item><author>tuna-piano</author><text>This is the thing when I see wall street, and specifically high frequency trading vilified.  Income inequality, the plight of the middle class, etc has almost nothing to do with that kind of financial maneuvering.  Getting rid of high speed trading won&amp;#x27;t affect the average person really at all - but yet it&amp;#x27;s constantly vilified.</text></item><item><author>chollida1</author><text>If you&amp;#x27;re wondering what IEX becoming a full blown exchange means to you, well it probably doesn&amp;#x27;t matter at all.&lt;p&gt;They have been operating for some time already as an ATS, today they are now part of the RegNMS protected quote, meaning that up until today, brokers did not have to route orders to them.&lt;p&gt;it also allows them to have companies &amp;quot;list&amp;quot; on their exchange, though I don&amp;#x27;t know of any companies that are planning on listing with IEX currently.&lt;p&gt;They bring 4 unique things to the market&lt;p&gt;- their built in delay of 350 micro seconds on each incoming and out going message, ie they delay order&amp;#x27;s coming in and they delay fill notifications going out.&lt;p&gt;- they have a patented dynamic peg algo that will allow a user to place an order that the exchange will dynamically price.  This order type was a bit contentious as the exchange doesn&amp;#x27;t delay quote changes when updating these orders, ie these orders are blessed in the sense that they don&amp;#x27;t obey the 350 microsecond delay.&lt;p&gt;&lt;a href=&quot;https:&amp;#x2F;&amp;#x2F;www.iextrading.com&amp;#x2F;trading&amp;#x2F;dpeg&amp;#x2F;&quot; rel=&quot;nofollow&quot;&gt;https:&amp;#x2F;&amp;#x2F;www.iextrading.com&amp;#x2F;trading&amp;#x2F;dpeg&amp;#x2F;&lt;/a&gt;&lt;p&gt;- they aren&amp;#x27;t currently allowing co-location&lt;p&gt;- they don&amp;#x27;t participate in the maker taker model.  They charge, I think, 9 cents on dark orders and nothing for lit orders.&lt;p&gt;Maybe the most interesting thing that IEX has brought to the US market is that the NYSE is now filing to add their own discretionary PEG order.&lt;p&gt;&lt;a href=&quot;https:&amp;#x2F;&amp;#x2F;www.nyse.com&amp;#x2F;network&amp;#x2F;article&amp;#x2F;nyse-order-types&quot; rel=&quot;nofollow&quot;&gt;https:&amp;#x2F;&amp;#x2F;www.nyse.com&amp;#x2F;network&amp;#x2F;article&amp;#x2F;nyse-order-types&lt;/a&gt;</text></item></parent_chain></comment><story><title>&apos;Flash Boys&apos; IEX stock exchange opens for business</title><url>http://www.latimes.com/business/la-fi-capital-group-iex-20160815-snap-story.html</url></story>
<instructions>Your goal is to analyze the following comment and estimate how highly it will be upvoted by the Hacker News community.</instructions><comment><author>modoc</author><text>As a mostly lay person, for me it&amp;#x27;s vilified because my understanding of it is that HFT has a significant advantage over my own personal trading, and that through this advantage HFTs are able to make &amp;quot;more&amp;quot; profits than would be possible without HFT.  My brain tells me that some of these profits are likely at my own trades&amp;#x27; expense, and that while markets and economies rise and fall, my own profits are negatively impacted by HFT.&lt;p&gt;That may not be accurate, but that&amp;#x27;s why I personally feel uncomfortable with HFT.</text><parent_chain><item><author>tuna-piano</author><text>This is the thing when I see wall street, and specifically high frequency trading vilified.  Income inequality, the plight of the middle class, etc has almost nothing to do with that kind of financial maneuvering.  Getting rid of high speed trading won&amp;#x27;t affect the average person really at all - but yet it&amp;#x27;s constantly vilified.</text></item><item><author>chollida1</author><text>If you&amp;#x27;re wondering what IEX becoming a full blown exchange means to you, well it probably doesn&amp;#x27;t matter at all.&lt;p&gt;They have been operating for some time already as an ATS, today they are now part of the RegNMS protected quote, meaning that up until today, brokers did not have to route orders to them.&lt;p&gt;it also allows them to have companies &amp;quot;list&amp;quot; on their exchange, though I don&amp;#x27;t know of any companies that are planning on listing with IEX currently.&lt;p&gt;They bring 4 unique things to the market&lt;p&gt;- their built in delay of 350 micro seconds on each incoming and out going message, ie they delay order&amp;#x27;s coming in and they delay fill notifications going out.&lt;p&gt;- they have a patented dynamic peg algo that will allow a user to place an order that the exchange will dynamically price.  This order type was a bit contentious as the exchange doesn&amp;#x27;t delay quote changes when updating these orders, ie these orders are blessed in the sense that they don&amp;#x27;t obey the 350 microsecond delay.&lt;p&gt;&lt;a href=&quot;https:&amp;#x2F;&amp;#x2F;www.iextrading.com&amp;#x2F;trading&amp;#x2F;dpeg&amp;#x2F;&quot; rel=&quot;nofollow&quot;&gt;https:&amp;#x2F;&amp;#x2F;www.iextrading.com&amp;#x2F;trading&amp;#x2F;dpeg&amp;#x2F;&lt;/a&gt;&lt;p&gt;- they aren&amp;#x27;t currently allowing co-location&lt;p&gt;- they don&amp;#x27;t participate in the maker taker model.  They charge, I think, 9 cents on dark orders and nothing for lit orders.&lt;p&gt;Maybe the most interesting thing that IEX has brought to the US market is that the NYSE is now filing to add their own discretionary PEG order.&lt;p&gt;&lt;a href=&quot;https:&amp;#x2F;&amp;#x2F;www.nyse.com&amp;#x2F;network&amp;#x2F;article&amp;#x2F;nyse-order-types&quot; rel=&quot;nofollow&quot;&gt;https:&amp;#x2F;&amp;#x2F;www.nyse.com&amp;#x2F;network&amp;#x2F;article&amp;#x2F;nyse-order-types&lt;/a&gt;</text></item></parent_chain></comment><story><title>&apos;Flash Boys&apos; IEX stock exchange opens for business</title><url>http://www.latimes.com/business/la-fi-capital-group-iex-20160815-snap-story.html</url></story>