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http://www.youtube.com/watch?v=_A28Zy9vR_A&eurl=http%3A%2F%2Fwww%2Eyoutube%2Ecom%2Fuser%2FThemisTrading&feature=player_profilepage Enjoy, and moreover be educated!
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Long time industry veterean and former president of NASDAQ, Al Berkeley had some choice comments for the HFTcommunity. Here are some excerpts from an interview that he did with Traders Magazine: “High-frequency traders are the natural enemy of the individual investor and the large institutional investor. Most market centers are doing things that disadvantage the individual investor and institutional investor, because they’re doing things to advantage the high-frequency trader.” “The idea that an exchange would let one set of market participants locate their computers inside their data center and not give the same speedy response to everyone is a blatant
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