Tuesday, December 4, 2012

High-Speed Traders Profit at Expense of Ordinary Investors, a Study Says - NYTimes.com

Free markets!-SS  

High-Speed Traders Profit at Expense of Ordinary Investors, a Study Says - NYTimes.com:

"The chief economist at the Commodity Futures Trading Commission, Andrei Kirilenko, reports in a coming study that high-frequency traders make an average profit of as much as $5.05 each time they go up against small traders buying and selling one of the most widely used financial contracts."


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