hft's cost super funds $2billion ...

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.