There are now potential conflicts of interest on trading desks serving both retail and high-frequency trading clients: Delaware senator Ted Kaufman is asking the SEC to review stock market structures, part of a debate over the impact of computer-based trading. WSJ.
These days, about half of all the equity stocks traded in the US are handled by nimble computers. NJ.com has a feature on Jersey City-based Direct Edge and notes how the NYSE plans to consolidate existing Secaucus and Brooklyn data centers in a huge Mahwah site. NJ.com has photo of a Trader on the support desk at Direct Edge with a Glossary of terms such as • High frequency trading • Flash orders • Liquidity • Dark pools • Best bid and offer.
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