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High tech Front running


               
2014 Apr 2, 1:34am   578 views  1 comment

by indigenous   follow (1)  

http://www.cbsnews.com/news/is-the-us-stock-market-rigged/

This month marks the fifth anniversary of the current bull market on Wall Street, making it one of the longest and strongest in history. Yet U.S. stock ownership is at a record low and less than half of Americans trust banks and financial services. And in the last two weeks, the New York attorney general and the Commodities Futures Trading Commission in Washington have both launched investigations into high-frequency computerized stock trading that now controls more than half the market. The probes were announced just ahead of a much anticipated book on the subject by best-selling author Michael Lewis called...

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1   indigenous   2014 Apr 2, 1:36am  

What I find interesting is that the free market found a solution to this problem...

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