Many hedge fund managers have been awaiting the elusive traditional correction of 10 percent. It has been a record number of days since such an event has occurred, which has frustrated both market Bears, who want to profit from such a sell-off, and Bulls, who are awaiting a better entry point.
With all the talk around HFTs and their trading practices coming under the microscope, do you expect more state regulators and officials to begin examining HFT practices - just like with Big Tobacco?
- Just Congress and the Federal Goverment
April 17, 2014 – High-frequency traders and representatives from HFT firms vigorously and defiantly defended their practices after a speech from the U.S. Attorney office in New York at the Security Traders Association of New York conference last week.
April 17, 2014 – Five ex-employees of Bernard Madoff who were found guilty last month of aiding his $17.5 billion fraud asked the judge in the case for an acquittal or a new trial, citing a lack of evidence and flawed jury behavior.
April 17, 2014 – New York Attorney General Eric Schneiderman sent subpoenas to six high-frequency trading firms seeking information about special arrangements they have with exchanges and dark pools as well as their trading strategies, according to a person familiar with the matter.
April 17, 2014 – Equity exchange traded funds have pushed into positive territory for the month of March, finally surpassing fixed-income funds.
April 16, 2014 – The speed and complexity of modern stock markets is partly driven by long-term investors who have adopted strategies pioneered by high-frequency traders, according to a top U.S. securities regulator.
The two biggest exchange rivals are joining forces to push through a rule designed to curb trading that occurs off-board away from the public eye, according to a report in the Wall Street Journal.
Rules and Regs