GOODBYE HFT - EU Lawmakers Seek High-Frequency Trade Curbs in Markets Law

[THE-BEAKER]

finally they all woke up to the fact that hft are a bunch of free loading, front running , quote stuffing, cheating, lying, no liquidity providing bunch of cunts.

goodbye rsj and the likes

you have been found out and done.

http://www.bloomberg.com/news/2012-...-frequency-trade-curbs-in-markets-law-2-.html

 

[sheda]

Yea great, so who is next??

European Parliament legislators, voting in Brussels today, also called for the European Securities and Markets Authority to be equipped with powers to ban financial products that might pose a threat to confidence or stability

Ah wicked, I trust there educated informed judgement.

 

[BernankeOffDuty]

Quote from sheda:

"European Parliament legislators, voting in Brussels today, also called for the European Securities and Markets Authority to be equipped with powers to ban financial products that might pose a threat to confidence or stability"

Yeah but do they release they are threat to financial stability.

Did I just say that out loud . I hope my Brussels coworkers don't read ET

 

[Rationalize]

So .. who ever's fastest at the 500ms mark wins?

Hit those slow orders, yeehah

Those wacky Europeans..

https://encrypted-tbn2.gstatic.com/...sc-AfdvwtlNT_eYrQTAB7p0q_LOxuGfCZea4xqdfxNJSm

 

[JuniorCTA]

and if the same shit keeps happening? then what? ban trading?

Quote from THE-BEAKER:

finally they all woke up to the fact that hft are a bunch of free loading, front running , quote stuffing, cheating, lying, no liquidity providing bunch of cunts.

goodbye rsj and the likes

you have been found out and done.

http://www.bloomberg.com/news/2012-...-frequency-trade-curbs-in-markets-law-2-.html

 

[Rationalize]

Quote from JuniorCTA:

and if the same shit keeps happening? then what? ban trading?

Cash equities OTC

Got phones?

 

[logic_man]

Gonna be interesting to see what the failures blame their failures on next.

 

[Rationalize]

Quote from logic_man:

Gonna be interesting to see what the failures blame their failures on next.

meh .. back to blaming hedge funds, or those "evil" short sellers, or whatever.

Anything to avoid actually taking responsibility for shitty trades.

 

[ammo]

Quote from THE-BEAKER:

finally they all woke up to the fact that hft are a bunch of free loading, front running , quote stuffing, cheating, lying, no liquidity providing bunch of cunts.

goodbye rsj and the likes

you have been found out and done.

http://www.bloomberg.com/news/2012-...-frequency-trade-curbs-in-markets-law-2-.html

we'll see who's in power,the lawmakers or the banks and their lobbyists checkbooks

 

[Rationalize]

Quote from ammo:

we'll see who's in power,the lawmakers or the banks and their lobbyists checkbooks

Banks will likely benefit from this.

It's your Getco's & friends that will have to adapt or depart.