cudeco(cdu) trading - representations, page-374

Max, I admire your tenacity and wish you well in your endeavors, but nothing sadly is likely to change. I once read about an appointment of a person to oversee HFT for ASIC. I did a search on the person, and found that he previously worked for a HFT firm. Talk about getting an insider in to do nothing. HFT is here to stay. Those with big money always want an edge over the rest of us and they the ASX make too much money for the ASX to want to do anything about this. Price discovery and liquidity are just bullshit arguments for HFT.