1 Comment

  1. Bob Gustafson
    November 16, 2012 @ 7:40 pm

    I am for making traders more responsible. Computer generated trading programs must be fool-proof. If they fail, the trading companies and the market they run in, must make the other side whole. If the trader is too small or goes bankrupt, the market must pick up the pieces.

    But, I don’t go for a transaction tax. Programmatic trading is a technological advance – it could be a big export industry for the USA. A transaction tax would kill it off.

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