Reading about Algo and HFT not good for my blood pressure but the world we live in!!
http://www.businessspectator.com.au/bs.nsf/Article/Market-rigging-high-frequency-trading-dark-pools-pd20120719-WBSR2?OpenDocument&src=sph&src=rot
excerpts
"Aitken says that it is a national scandal that 75 per cent of ASX turnover is being conducted by unknown people whose solvency is uncertain and who could cause an Australian market meltdown if they collapsed. Aiken says these unknown people are not only manipulating the market but are the main cause if the violent share price fluctuations. In turn these fluctuations are driving retail investors out of share markets."
"In my view this is one of the greatest scandals in Australian business but it’s also a world problem. If we took a stand against the legalised insider trading or “market rigging” we would be hailed around the world."
- Forums
- General
- hft and how it works
Reading about Algo and HFT not good for my blood pressure but...
Featured News
Featured News
The Watchlist
RML
RESOLUTION MINERALS LTD
Craig Lindsay, In-Country CEO
Craig Lindsay
In-Country CEO
SPONSORED BY The Market Online