Schwab Says HFT Is "Cancer," Calls For Aggressive Action – ValueWalk Premium
charles schwab Charles Schwab Corp

Schwab Says HFT Is "Cancer," Calls For Aggressive Action

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 . . .

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