cudeco and high frequency trading., page-4

Hi h00ts,

I read an article concerning "High Frequency Trading Hails Its First Billionaire".

The Founder of Virtu Financial Inc., is High Frequency Trading's(HFT) first Billionaire. He has an impressive track record of just "one losing trading day" during a 1,238 trading-day period.

How does he do it?

The same way other High Frequency Traders do it; front running trades and scalping countless billions and billions of fractions-of-cents in the process.

There would not be a retail investor in CuDeco and other companies on the ASX that has not been impinged in this way. It has happened to me many timeswhen trading on the ASX through CommSec.

Perhaps it is only a matter of time before the ASX and ASIC are in Court over matters of market manipulative practices not in accordance with High Court rulings, and recently brought before the Senate Inquiry for investigation. A Royal Commission may even eventuate.

cheers,

Max