> Perhaps Texas could use a different trading model that doesn't require ultra high speed trading.

Benefits of high-frequency trading:

- Increased liquidity: improves market liquidity by ensuring there are always buyers and sellers

- Tighter bid-ask spreads: High-volume trading can narrow the spread between buying and selling prices, which can lower costs for investor

- Efficient price discovery: By reacting instantly to news and other data, HFT can help incorporate new information into a stock's price more quickly.