Forget regulation of high-frequency trading, says the ECB's Ewald Nowotny, "it simply has to be...

|By:, SA News Editor

Forget regulation of high-frequency trading, says the ECB's Ewald Nowotny, "it simply has to be forbidden" as there is no evidence it provides "any added value to the real economy." Not defending HFT, but is that going to be the standard for banning things now?