 |
| Read More On This Chart At The NANEX Website |
Finance Watch Secretary General Thierry Philiponnat told the parliament’s ECON Committee today that "With the exception of market-making related activities and, possibly,
arbitrage of price differences between different trading venues, all the
other high frequency trading strategies have the mechanical effect of
going against genuine investors’ ability to execute transactions at the
best possible price for them". Bravo. Someone else has clearly stated the issue and is willing to prove further solutions. He went on to say "the net price of transactions to investors has not fallen, because the
fragmentation of equity trading venues has led to higher transaction
prices that have not been compensated by lower transaction costs". 3 page coverage below.
MiFID Review
