Sunday 28 October 2012

Computer-based market trading 'beneficial' - BS!

This report claiming that high frequency trading did no harm made me angry. Its a bit like a report into the effects of placing sharp metal spikes on the outside of cars concluding that "there is no increased risks to the passengers"!!...

Well of course there isn't - but its the people outside the cars I'm worried about! The scope of the report was too narrow to be of any value.