Hmmm ... "...High frequency trading – a practice involving super-fast computers alleged to have "rigged" the sharemarket – is costing large investors almost $2 billion a year, according to industry super funds who want the practice curtailed .."
"Trading in microseconds ... creates an opportunity for exchanges and HFT to clip the ticket between buyers and sellers," Mr May said.
"ASX chief executive Elmer Funke Kupper said he was still "scratching his head" about the impact of HFT on retail investors in Australia.
"There are highly liquid stocks that get handled twice when they could have been handled once," he said.
IMO .. Funke Kupper is a stooge ..
http://www.theage.com.au/business/markets/highspeed-trading-costs-investors-2b-say-industry-super-funds-20140407-367cz.html
Cheers ... tight stops.
- Forums
- General
- hft's cost super funds $2billion ...
hft's cost super funds $2billion ...
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
AVH
Avita boosts skin restoration product portfolio with 'dermal matrix' – a kind of next-level gauze made of fake skin
GML
Gateway Mining sells WA Eastern Montague gold project to Brightstar for $14M – half of that in shares