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High-frequency traders dominate the Treasurys market ... The fresh data on the involvement of high-frequency trading in the Treasury market follows the official report on the October 15, 2014, flash crash in the Treasury market. High-Frequency Trading Explained (For Beginners) High-frequency trading is a phenomenon that transformed financial markets completely. Like every other disruptive technology, it has its supporters and critics. The opposing side suggests that High-Frequency Trading has absolutely no social impact and acts in total dissonance with the primary function of financial markets – to raise capital.