so the s&p goes up -- >> so the point of the line for the speed traders, the market movements, whether it's going up or down by a lot register first in chicago in the futures exchange. so they're making -- supposedly making markets in 4,000 individual stocks in new jersey. if they can get the signal first that the market is going down, they can get out or even sell to other people. so it gives them advance news on price movements in the market. >> so let me take you back, step back and if you look at what you're describing, it seems to me what you're talking about is more technology, more information, price information and more competition. and if you look over the last 20 years, haven't those three forces powerfully helped consumers and finance? that is to say, if you go back 20 or 30 years ago, it was much more expensive to buy and sell stocks. there were many more intermediaries, fancy brokers who you have to go to and that all these forces have been powerful kind of democratizing