To Comfort The Afflicted
And Afflict The Comfortable

To Comfort The Afflicted And Afflict The Comfortable

Saturday, October 12, 2024

Observercast

A Financial Transaction Tax On High Frequency Traders

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BY JIM HIGHTOWER Have you heard about High Frequency Trading? Get ready to be dazzled! HFT is sweeping, purely speculative financial transactions that have been made possible by huge leaps in technology. Done by super-fast computers, using mathematical algorithms, HFT searches millions of prices at lightning speeds and places bets automatically. Transaction times are measured […]

Arnold Hamilton
Arnold Hamilton
Arnold Hamilton became editor of The Observer in September 2006. Previously, he served nearly two decades as the Dallas Morning News’ Oklahoma Bureau chief. He also covered government and politics for the San Jose Mercury News, the Dallas Times Herald, the Tulsa Tribune and the Oklahoma Journal.