Codebreaker

Really quick trades

John Moe Oct 20, 2011
Share Now on:
Codebreaker

Really quick trades

John Moe Oct 20, 2011

The inventor of automated trading, Thomas Peterffy, wants to scale back on high speed trading. He says it makes volatile markets worse, because high speed traders can jump in and out of the market at will, while firms like Interactive, the one he owns, are required to trade all day and stay in. “Mr. Peterffy has a solution: Require exchanges to hold orders for one-tenth of a second, while allowing registered market makers, such as Interactive, to trade at will.”

If you’re a member of your local public radio station, we thank you — because your support helps those stations keep programs like Marketplace on the air.  But for Marketplace to continue to grow, we need additional investment from those who care most about what we do: superfans like you.

Your donation — as little as $5 — helps us create more content that matters to you and your community, and to reach more people where they are – whether that’s radio, podcasts or online.

When you contribute directly to Marketplace, you become a partner in that mission: someone who understands that when we all get smarter, everybody wins.

We’re here for you.

As COVID-19 reshapes our economy, our newsletter will help you unpack the news from the day.