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Outgoing CFTC Chief Economist Andrei Kirilenko has highlighted the profits that high-speed...

Outgoing CFTC Chief Economist Andrei Kirilenko has highlighted the profits that high-speed traders make from traditional investors, with the average gain reaching as much as $5.05 per each S&P 500 futures contract traded with small investors. The findings come amid increasing concerns about whether high-speed traders have an unfair advantage and whether they pose a threat to the financial system.
Comments (4)
  • youngman442002
    , contributor
    Comments (5131) | Send Message
     
    Yes they do have an unfair advantage...yes they do pose a threat...will they be kicked out..no..they donate to much to the political parties...
    4 Dec 2012, 06:38 AM Reply Like
  • Neil459
    , contributor
    Comments (2644) | Send Message
     
    The whole purpose of our current government is to reduce middle class wealth. They do this by increasing taxes, fees, health care, rules, regulations, and by not prosecuting others that steal from the middle class (like bankers and wall street.)

     

    If the current government can move the middle class to the lower class, then they have a permanent voter class that supports larger government and more payouts.
    4 Dec 2012, 08:11 AM Reply Like
  • jmjjmj1
    , contributor
    Comments (166) | Send Message
     
    Not too mention their 0+ strategies violate laws like front runnning and furthermore should be taxed as ordinary income as they do Not have risk when they can use dark pools to bump any order...They tkae money from every one with a 401 k also, should be halted immediately. Where is our volume it is gone but no worries at least it is more liquid than ever, crazy
    4 Dec 2012, 10:02 AM Reply Like
  • BigBenB
    , contributor
    Comment (1) | Send Message
     
    wonder if he had access to the hedging trades ....
    how can i get that data set for myself? and then pretend to go into academia .... 6 months before he shows up at citadael?
    4 Dec 2012, 02:35 PM Reply Like
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