How much money is there in Algorithmic trading?
Our federal politicians say it is perfectly ok, "because they DO IT in the USA (all the time)" - doh!!!
Canada-based algorithmic trader Michael Bailey was said on Monday to have launched a hostile C$238 million (US$241 million) bid for undersea explorer Nautilus Minerals Ltd, sending the shares up around 25 percent.
Nautilus Minerals has just found Gold under the seabed, out from the Islands of Tonga.
Gw
The meek shall inherit the earth, but not the mineral rights.
(J. Paul Getty)
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