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
HFT is not banned. You can do HFT if you have 1M euro and are certified by the government. This is about who is controlling the market not about HFT. EU bureaucracy cannot stand free markets. They need to print lots of bonds without anybody checking what they are worth.