Robert Lenzner: Whole Story On High Speed Trading Remains Unclear

10/11/2010 01:32 am ET | Updated May 25, 2011
  • Forbes

The CBS 60 Minutes segment last night on high speed computer trading-50%-70% of all trading in stocks- strongly suggested that insiders on Wall Street have a stunning advantage over ordinary investors.

The program also left the impression that this huge non-transparent electronic system of buy and sell orders could cause further sudden meltdowns or even melt-ups due to the arithmetic formulas that give orders to computers.

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