High-Frequency Trading Doesn’t Need Speed Limits, It Needs A Better Image

High-frequency trading (HFT) could use a good image consultant.  Everyone from Floyd Norris to Chuck Shumer have questioned the validity and even legality of high-frequency strategies, as they have taken over from exchange floor specialists as the mainstream media’s favorite whipping boy. Unfortunately HFT is a term like “salad” where there are many definitions, and [...]

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