We have never, ever, seen more trades per second in stocks than at the peak of yesterday's post-FOMC reaction...
One glance at this chart shows the 'arms war' under way in the so-called markets - this frequency of trading is 10 times higher than 2010 averages... and just keeps getting higher.
This burst of high-frequency-trading - 864,000 trades per second - coincided with the short-term top post-FOMC as the machines "gave it all they could, Cap'n" to prove The Fed has a bloody clue what it is doing now...
It appears the 'oomph;' of HFT is running out of gas.
Chart: Bloomberg and Nanex
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