We need to have a long dialogue about this. HFT isn’t terrible for markets in general. But the way it’s being done today will kill the markeplace.
American markets aren’t like European or Asian markets because we have independent traders that trade their own money. It’s in our DNA and an integral part of our history. Other marketplaces don’t have the independents. They are bank traders or fund traders.
In Other News: Massachusetts School Board Moves to the Right of Democrats - Becomes Socialist | Michael Schaus
Today, at 11:20 AM PT: Get the Market Movements in Advance; Williams Edge Webinar for October 20th, 2014 | John Ransom