1/4% Tax on all stock trades pushed in NY Times today

"It added that cancelled trades would also be charged, “except for cases of errors”.

The more it goes the more they are out of their minds...Not the slightest idea of what they are doing...

And wait for the counterpart of this "FTT compliant" Policy in non FTT jursidiction : The " You want to trade on our exchanges, you accept to be solely liable for this crap" Policy. Thanks Explorer, I am pissed for the rest of the day.
 
Quote from TraDaToR:

"It added that cancelled trades would also be charged, “except for cases of errors”.

The more it goes the more they are out of their minds...Not the slightest idea of what they are doing...

And wait for the counterpart of this "FTT compliant" Policy in non FTT jursidiction : The " You want to trade on our exchanges, you accept to be solely liable for this crap" Policy. Thanks Explorer, I am pissed for the rest of the day.
More...

Last month the FTT-11 drafted that 6 page "non-paper" asking Semeta to answer a few hard questions. Today was the day he was supposed to answer them and from this article it sounds like he's done a bad job (esp. regarding cancelled trades).

I can't see why the FTT-11 would be satisfied with Semeta's response now that they have belatedly realised that the tax is so destructive and risky.

Some of the FTT-11, having shot their mouths off before doing their homework, are now looking for a "graceful exit" we hear.

Implementation (if it happens) is also to be put back another year at least.

That's plenty of time for three or more countries to pull out and then enhanced cooperation dies on it's a###..!
 
These people should be liable just for the time and money spent debating this. Europe is close to collapse, soon nobody will want their bonds, I guess a tax can attract potential buyers...
 
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