Michael Lewis, the financial journalist and best-selling author, recently came out claiming that high frequency traders are rigging the markets to their benefit. And they are! Only, that activity mostly hurts large institutional investors as the “millisecond” advantages accrue on larger trades. The real threat to everyday investors, like you and me — the one we should worry more about than high frequency trading — is the Federal Reserve and central banks around the world.
Posted on: Sun, 20 Apr 2014 19:00:01 +0000
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