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In contrast, price fluctuations of 1 percent and more during intraday trading were more common in the 1970s and 1980s.
As shown below, sanctions imposed for insider trading were more severe than those imposed for market manipulation in each of the jurisdictions apart from Singapore.
Even when derivatives are used in a relatively prudent manner — say, to hedge against price swings in food or fuel — the largely deregulated and opaque way they are traded allows the big banks that dominate the market to charge more than they could if trading were more transparent, enriching bankers at the expense of businesses and consumers.
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Like the autopilots that control most airplanes nowadays, high-frequency trading is more beneficial than harmful.
The sell-off in late trading was more of a technical reaction than fundamental.
Industry experts say screen-based trading is more efficient and can reduce or eliminate the need for a trading floor.
"Trading is more fun than buying," said Mr. Tidwell, who, with only about 10 trades under his belt, is still a novice.
The initial period of trading was more active, and the market experienced large limit order submissions during the morning trading hours.
Trading is more dangerous then you think.
Yet accusations were widespread that the trades were more likely directional bets that went wrong.
Early indications are that, though his financing was often exotic, his trades were more garden-variety.
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