Michael Price takes off the gloves, harshly blaming the NYSE (NYX) and the SEC for leaving...

|By:, SA News Editor

Michael Price takes off the gloves, harshly blaming the NYSE (NYX) and the SEC for leaving "markets in shambles" by allowing the front-running of orders otherwise known as high-frequency trading. "High speed trading increases liquidity. That's nonsense. Liquidity is worse." He weighs in on the proposed merger (DBOEY.PK), calling it "a joke ... a tragedy" to sell out to a foreign competitor.