I read flash boys , its a decent book tells how it actually happens in the market, page 172 of the book gives a good synopsis of what happens.
The fact ASX seems complicit in allowing bot trading to continue makes me feel they are liable for any class action that slater and gordon or another law firm brings against them.
Having to have my secretary input $2.00 trades by bots on my tax statements is a waste of her time and my money.
Bot trading adds nothing to improving the Gross national product the companies allowing it to happen and the companies doing it are leaches.
