Here is how the press release was titled: “SCHUMER TO SEC: IMPOSE TOUGHER RULES ON HIGH- FREQUENCY TRADERS TO CURB STOCK PRICE VOLATILITY AND PREVENT ANOTHER FLASH CRASH” http://schumer.senate.gov/record.cfm?id=327160& We hadn’t seen much from Sen. Schumer on the high frequency trading debate since last summer when he proposed banning flash orders (which by the way still exist). So, we were pleasantly surprised to see Sen. Schumer jumping back into the fight…or so we thought.
Once we started reading Sen. Schumers letter, it started to feel like we had read this before. Sen. Schumer believes that any market participant making markets in 25
This content is restricted to site members. If you are an existing user, please login. New users may register below.