ECB’s Nowotny calls for high-frequency trade ban | Reuters


Deutsch: Ewald Nowotny bei einem Vortrag an de...

Deutsch: Ewald Nowotny bei einem Vortrag an der Johannes Kepler Universität, Linz, Österreich (Photo credit: Wikipedia)

ECB’s Nowotny calls for high-frequency trade ban | Reuters.

In an unprecedented act of common sense, Nowotny calls for a ban on HFT. It’s just a shame that he doesn’t have any power to implement the ban.

However, hopefully if the ban is put in place, it will end years of unregulated front running and cheating by investment banks and the now extinct Prop books.

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