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Quoting the Crisis
13/07/2009
“ High frequency trading strategies have become a stealth tax on retail and institutional investors. While stock prices will probably go where they would have gone anyway, toxic trading takes money from real investors and gives it to the high frequency trader who has the best computer. The exchanges, ECNs and high frequency traders are slowly bleeding investors, causing their transaction costs to rise, and the investors don’t even know it. „
Sal L. Arnuk and Joseph Saluzzi in Toxic Equity Trading Order Flow on Wall Street (PDF)
financial-crisis ethical-crisis | 2 notes | posted at 17:13
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billda reblogged this from thedirtycanuck and added:
almost completely untrue. High frequency traders create...always someone willing
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thedirtycanuck reblogged this from quotingthecrisis
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quotingthecrisis posted this
