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High-volume traders, by contrast, can run up hefty commission bills that eat into total returns.
The exchanges offer incentives, including rebates, which can add up to meaningful profits for high-volume traders as well.
Track Data, a brokerage based in Fort Greene, Brooklyn, that is geared to high-volume traders, reported a 15percentt jump in trading by individuals so far this year.
HoustonStreet SpeedWay, designed for high-volume traders, is an exchange that trades electricity.
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The first would be a transaction tax, so small that it would barely affect the ordinary investor, but large enough to deter the high-speed, high-volume trader.
People who will buy shares in the open public markets and hold them and be shareholders, as opposed to, you know, high volume traders, just looking to make, you know, basis points and flipping the stock, and billions of shares.
By placing high-volume trades, the largest speculative traders can thus intentionally "fix" prices in any direction they want.
According to prosecutors, Mr. Casbarro, a former broker at Citigroup Global Markets in New York, would call day traders at A.B. Watley and leave his phone off the hook next to an intercom used by brokers to discuss pending high-volume trades.
Munter has been known to create two hundred teams in a night, at two dollars apiece, preferring a low-risk, high-volume approach, like a day trader.
The cartelisation of global shipping makes things worse: trade routes linking marginal traders with major markets tend to be much less competitive than the high-volume routes.
"They're low-margin, high-volume.
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