It is a murky time for the High Frequency and Algorithmic Trading industries. Low volume and greater competition have eaten away at profits, and the once wildly lucrative industry has seen some once-profitable firms go under. More firms have entered the fray as retail investors have exited the market. High frequency and algorithmic traders also must contend with the growing cloud of impending regulation of their businesses. The industry has become a popular political target as the public’s mistrust has only grown since the infamous 2010 flash crash.