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The Trading Mesh

July 2013

Not even wrong

July 26, 2013 Comments (0)           

This article was originally published at the Fidessa Fragmentation blog, and is reproduced here with permission.
By Steve Grob
Gently easing my way back into the daily grind after my annual vacation I came across the report that MPs in London are proposing to tax HFT. They must have been drinking more sangria than I have over the past few weeks. For a start, any tax aimed at changing behaviour needs to be very clear about what behaviour it is targeting and the...