DislikedThis vicious cycle already started some time ago and I don't see how it can be turned, no matter what props change. Participants became too professional gaming the system and, just like it would happen to a casino offering positive expectation, props will die.Ignored
This inevitably results in having fewer and fewer participants as you eventually limit yourself to having only traders that are better-than-average, that are willing and able to work within all of the rules that have been added as a result of the infestation of cheaters. Insolvency is inevitable at that point, since these firms have not discovered other ways to generate sufficient revenue that can sustain the business.
If firms like Apex can manage to weed out enough of the cheaters without pushing out the bulk of their honest traders, then they may have a chance to remain operational until regulators step in. They would have a better chance if they implemented profit caps, though.
Cheaters are a stain on the industry because they can heavily skew long-standing statistics that these models rely on in order to work properly.