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Lewis argues they are used by high frequency traders who try to make profits by trading faster then everyone else.
High frequency traders.
Then there are the high frequency traders.
Algos and high frequency traders increase the speed and magnitude of the move.
Today, high frequency traders have virtually phased out the "dinosaur" floor-traders and average investors of the past.
It's like a hidden private sales tax that goes into the pockets of high frequency traders.
Similar(48)
It is the first time the FCA has taken action against a high frequency trader.
The tax has a progressive income tax aspect in that higher frequency traders will be paying more, and they are disproportionately in high income groups.
1. High-frequency traders.
BATS, unsurprisingly, had been created by high-frequency traders.
High-frequency traders execute thousands of trades a second.
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