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DYD B-11
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rPQirSoVGnmbyLy |
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117 |
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| I'll put her on http://spankwire.in.net/ www.spankwire.com One subsector of modern finance – the high-frequency traders who buy and sell in a time frame of seconds or minutes – might face a serious competitiveness problem; but that would be a blessing for the country as a whole. Even a minuscule speculation tax could throw a monkey-wrench into their business model. But much of what high-frequency traders do amounts to little more than glorified front-running or insider trading, based on privileged knowledge of breaking market trends. When they get things wrong, they cause debacles like the "Flash Crash" of May 2010; when they get things right, they extract money from the real economy to no purpose other than their own enrichment. |
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Danny |
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2019-09-08 15:39:28 |
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