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The Cost Of Phantom Liquidity

14

August, 2012

It’s been almost two weeks now since the Knightmare on Wall Street and press reports are beginning to fade.  Over the past two weeks, we were pleased to hear lots of new voices speaking up about the dangers of HFT and the systemic problems that are now built into our markets.  As headlines now turn to other topics, we at Themis Trading will keep digging up new information to continue illustrating why our markets are broken.

Today we would like to highlight the SEC approval of a new NASDAQ proposal.  On

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