morning all
10:09:00 - open @.11
10:09:03 - 1 share @ .105, thats a disgrace.
It also appears cracking down on computerized high-speed trading is soon to arrive. link below.
have a good day
GLTA
R
Clamping Down on Rapid Trades in Stock Market
Andrew Haldane, executive director for financial stability at the Bank of England, said the flash crash was a “wake-up call.”
By GRAHAM BOWLEY
Published: October 8, 2011
Regulators in the United States and overseas are cracking down on computerized high-speed trading that crowds today’s stock exchanges, worried that as it spreads around the globe it is making market swings worse.
The cost of these high-frequency traders, critics say, is the confidence of ordinary investors in the markets, and ultimately their belief in the fairness of the financial system.
“There is something unholy about them,” said Guy P. Wyser-Pratte, a prominent longtime Wall Street trader and investor. “That is what caused this tremendous volatility. They make a fortune whereas the public gets so whipsawed by this trading.”.............
http://www.nytimes.com/2011/10/09/business/clamping-down-on-rapid-trades-in-stock-market.html?pagewanted=all
- Forums
- ASX - By Stock
- SSN
- asx-ssn 10/11
asx-ssn 10/11
-
- There are more pages in this discussion • 15 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
Add SSN (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, MD & CEO
Anthony Noble
MD & CEO
Previous Video
Next Video
SPONSORED BY The Market Online