January 13, 2010
Ban it entirely Why should these flash orders get any preview of anything it's like insider trading if they get an upper hand against any other average Joe investor. SEC comments of even giving any flash trader a inch gives these flash trader a yard. This is probably why so many fail to delivers occur and cost the market and investors. Isn't it bad enough taxpayers have to foot bills for these big banks, have to put up with falling stocks with short interest traders and naked shorts that could ruin or run stocks to the ground. Does the SEC really want another explosion of a recession when the economy is just starting to recover? This has never been a fair market for the average investor and yet they are the ones who always have to pay for the greed of these as Obama places it "FAT CATS ".