asic, page-9

Hi BotKiller

When ASIC claims they are not the responsible authority they are using that line to also say they will not agitate on this issue either. The classic SEP [someone else's problem] response.

As a retail investor it is good to know what is happening and also to know that sweet FA is likely to be done about it, because at least I can think about how I might minimize the damage HFT can do to me.

The algos are hurting daytraders and short term traders the most. Anybody putting at market orders are targets. We are all seeing 'front running' on the orders. They only way I can see to escape the worst of it is to trade in long time frames. The algo will still skim the trade but less often.