Declawing Speed Traders Is Goal of Stock Market Revamp Proposal

The only way to mitigate the negative effects of high-speed traders is to redesign a key part of how financial markets operate, according to the University of Chicago’s Eric Budish. Trading is now effectively non-stop, with transactions measured in millionths of a second. Budish, an associate pr…

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Declawing Speed Traders Is Goal of Stock Market Revamp Proposal