Monday, March 31, 2014

The U.S. stock market is rigged to hurt the average investor and benefit high frequency traders, stock exchanges and large Wall Street banks, according to the author of the new book “Flash Boys: A Wall Street Revolt.” - The Tell - MarketWatch

The U.S. stock market is rigged to hurt the average investor and benefit high frequency traders, stock exchanges and large Wall Street banks, according to the author of the new book “Flash Boys: A Wall Street Revolt.” - The Tell - MarketWatch: "“They’re able to identify your desire to buy shares in Microsoft and buy them in front of you and sell them back to you at a higher price,” says Lewis. “The speed advantage that the faster traders have is milliseconds…fractions of milliseconds.”"



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