Schwab Says HFT Is "Cancer," Calls For Aggressive ActionMark Melin
Key executives from Charles Schwab Corp (NYSE:SCHW), a firm catering to mom and pop investors that advertises trust and stability, have issued the most damning indictment of high frequency trading yet, calling the practice a “cancer” on the markets.
“High-frequency trading has run amok and is corrupting our capital market system by creating an unleveled playing field for individual investors and driving the wrong . . .
This content is exclusively for paying members.
If you are subscribed and having an account error please clear cache and cookies if that does not work email [email protected] or click Chat.