Ever since one former Goldman trader, Haim Bodek, told the SEC that stock exchanges are giving high frequency trading firms an advantage over average investors, HFT has become the hot topic of conversation.
But the problem with that is, despite the fact that 60% of all trading is HFT, people rarely know how HFT works, what the relationship between exchanges and high frequency traders really is, or what's at stake for regular investors.
Read more: http://www.businessinsider.com/3-advantages-of-high-frequency-trading-2012-9#ixzz2l27Rgs9j
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