attractive without unduly penalizing old school trading.

The things that are highly profitable when the smallest move a stock can make is 0.01 cents don't work at all when the smallest move is 12-1/2 cents.

That would be the easiest route. Even a fraction of a cent would be enough to break high speed traders while going completely unnoticed by everyone else.

... for some time. Maybe a second. That's a long-term investment for these machines.

What a joke.

we all enjoy jokes.

...but true.

...High-frequency trading has taken place at least since 1999, after the U.S. Securities and Exchange Commission (SEC) authorized electronic exchanges in 1998. At the turn of the 21st century, HFT trades had an execution time of several seconds, whereas by 2010 this had decreased to milli- and even microseconds.[24] Until recently, high-frequency trading was a little-known topic outside the financial sector, with an article published by the New York Times in July 2009 being one of the first to bring the subject to the public's attention.[25] On September 2, 2013, Italy became the world's first country to introduce a tax specifically targeted at HFT, charging a levy of 0.002% on equity transactions lasting less than 0.5 seconds....

https://en.wikipedia.org/wiki/High-frequency_trading

and a few other radio programs to boot. He even got a mention on NBR (Nightly Business Report) several nights ago. I nearly fell out of my chair.

On this morning's Forum (KQED-Public Radio) the best interview so far, a question from a caller asked him if he fears for his life now that he's exposed what's going on.

He kind of laughed and said that things were dicey before the book got published and received this attention, but not now that word is out. But he did say the former broker-whistleblower (forgetting his name now) has received a LOT of threats since he started the other exchange. Sorry about forgetting names and acronyms right.. just thought I'd mention it as an aside.

to close the fake farmer loophole in Colorado.

Anything to do with the law, lawyers, courts, appeal courts etc... takes years.


It's a start.

What benefit does my company gain if you buy a share of my stock and then sell it a millisecond later?

Think of a share of stock like any other product sold at retail: once it goes out the door, you will earn no more money from it.

It's almost like Holder is running interference for the criminal class. HFT and front running have been the thing for at least ten years now.

... and now that there is a book and the questions are mounting, they're "investigating". There is nothing to fucking investigate. How this works is well known and it is FRAUD on it's face.

Holder is beyond useless, a true whore.

I see they finally noticed.....


- K&R