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Vanguard Official Defends HFT

Traders Magazine Online News, September 28, 2012

Gregory Bresiger

High frequency trading is generally good for the market, the buyside and is partly the result of Reg NMS, which included the trade-through rule. Those were some of the comments of George U. "Gus" Sauter, the chief investment officer--CIO--of Vanguard Funds.

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