Senator Kaufman gave another speech on the Senate floor yesterday continuing to press the SEC for a broad review of high frequency trading.  The Senator clearly understands the issues that are facing our equity markets and is not afraid to ask questions. We applaud Senator Kaufman and his effort to shine a light on a very murky area of the equity market.  Here are some key excerpts from his speech: “Regulators simply must keep pace with the latest market developments.  Three examples from the current debate are especially illustrative of this need: co-location of servers at the exchanges, flash orders, (more…)

Sal was on the Canadian business channel, BNN, this morning talking about flash trading.  He closed the interview with this statement: “It begs the question, if flash trading was so easily passed, what else do we not see in the murky waters of high frequency trading?”.  Have a listen for yourself: http://watch.bnn.ca/#clip215906 (more…)

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Sep, 2009

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Sep, 2009