CV Sciences Inc (CVSI)

[KentuckyHemp]

Small companies and innovation will be stifled by monopoly power

This reminded me of something I read this morning. It tells me an individual doesn't have a chance at guessing at the stock market. It's all 'controlled'.

XTX -- the name refers to a mathematical formula used in its trading algorithms -- relies on data analytics and massive computing power. The firm’s website boasts of its 42 petabytes of usable storage and 850 terabytes of random-access memory, helping it handle more than $150 billion in daily trading volume across stocks, currencies, fixed income and commodities.

XTX’s commitment to tech skills stands out -- it employs no human traders and just a single salesperson.

These new players, because the business has electronified, all they really need to do is connect to the various platforms and they can make markets. They don’t really need to go court Apple or court IBM to get their cash-management business anymore.