What To Know About High-Frequency Trading, The practice is sparking lots of outrage, but the bigger picture tells a different story, says a Yahoo writer., The phenomenon of “high-frequency trading” has gone from obscure cyber-nuisance to popular phantom menace in recent days. Credit – or blame – the release of Michael Lewiss book on this Wall Street subculture, called “Flash Boys,” and his comments in a 60 Minutes segment Sunday that the stock market is “rigged” against ordinary investors and in favor of predatory software fraudsters exploiting arcane trading rules and enormous computing power for easy gain.Continue Reading...
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