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EU group votes to curb high-frequency trades

The Guardian - 26 Sep 2012 23:55
European parliament committee has voted unanimously to introduce sweeping reforms of securities marketsCurbs on firms that trade shares faster than the blink of an eye moved a step nearer in the EU on Wednesday when a committee of the European parliament voted unanimously to introduce sweeping reforms of securities markets.High-frequency trading (HFT) has been singled out by regulators and policymakers on both sides of the Atlantic for favouring speculators and adding to share price volatility.S...
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