Charles Schumer, the third-ranking Democrat in the U.S. Senate, asked the Securities and Exchange Commission to ban so-called flash orders for stocks, saying they give high-speed traders an unfair advantage.
Source: Bloomberg.com
Date: 7/25/2009
Keys: Stock market, valuation, trading, environment
Link:Â http://www.bloomberg.com
Questions for discussion:
- Do you think these new technologies should be regulated by the SEC? Explain your reasons.
- Do you think these technological changes to the trading environment will affect large investors’ perception of risk or their decisions?
- How about small investors?
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