Saw the following on Bloomberg:
“In my opinion, market structure has led to a lot more volatility,” Mnuchin said. “Part of this is a combination of the market presence of high-frequency traders combined with the Volcker Rule.”
I'm wondering how his statement and the HFT industry in general will affect us, if at all. After all we've had it for quite a while and volatility, in the stock market anyway, has been crazy just this year.
“In my opinion, market structure has led to a lot more volatility,” Mnuchin said. “Part of this is a combination of the market presence of high-frequency traders combined with the Volcker Rule.”
I'm wondering how his statement and the HFT industry in general will affect us, if at all. After all we've had it for quite a while and volatility, in the stock market anyway, has been crazy just this year.
