turning the table on high frequency traders

  1. 406 Posts.
    A great article today by Robert Gottliebsen in the Business Spectator.
    He sites comments made by Charlie Aitken, Charlie who believes that the “market riggers” – the so-called high-frequency traders –are "causing a loss of faith in good Australian Stock and Global markets". He believes that the high-frequency traders here, "make up 75 per cent of Australian market turnovers" and "these institutional brokers are acting for shadowy anonymous overseas traders".
    My Question to the ASX ...are these traders just traders, or“legalised scalpers”,do they have a hidden agenda to bring down good companies through creating fear in the market place. Australians needs to stand up against this type of market rigging trading.If the ASX does investigate...it will mean turnovers and ASX profits will slump....BUT,
    Give us a Fair Go ...this behaviour is destroying confidence not only in the market place.


 
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