That kind of crap needs to be abolished.
Members of Congress can legally engage in insider trades.
Add that to the crap list.
Nobody should live under the illusion that the stock market is an indicator of a sound economy, that’s for sure.
The stock market is rigged for those on the inside, 15 minutes of lead time VS outsiders is making insiders immorally rich. *money*from*thin*air* is making all the oligarchs rich and has already mosty destroyed our once free Republic.
HFT DO NOT HAVE ANY ADVANTAGE OVER ANY OTHER TRADERS. They are market facilitators. They created the highly liquid markets that have allowed millions of average investors become successful retail traders..
This push against HFT is being perpetrated by the institutional investors, wall street firms and there enablers in the media. They see there golden goose of fees and sub-paar returns being threatened.
The markets are a penny wide.... Meaning you the retail traders are in direct benefit... And the only reason why there are a penny wide is because of the volume created by HFT.
google tastytrade... and listing to the man who is directly is challenging the way the retail investor invests..
I don't believe it.