hft; what are the facts?, page-13

from the Sydney Morning Herald 18/10;

http://www.smh.com.au/business/super-funds-in-joint-action-to-curb-unfair-highfrequency-trading-20121017-27rgv.html

extrect:

The move comes as global concerns about high-speed computerised trading continues to rise. Germany recently approved a draft law aimed at reining in the practice and the European Parliament voted to force trading venues to slow the speed at which orders can be made.

In Australia, about 30 per cent of all stock trading is done by HFT.

The Australian fund managers say the provision of ''non-discriminatory access'' to special information is not fair.

Read more: http://www.smh.com.au/business/super-funds-in-joint-action-to-curb-unfair-highfrequency-trading-20121017-27rgv.html#ixzz29b2ijUUk