Don't Expect High Frequency Trading to End Anytime Soon
Steve Cohen of Wall Street Trading equates HFT to paying for premium seats at a Broadway show, but he does wish there was equal access to the prices traders pay for stocks
There is little chance of high frequency trading coming to an end, says Steve Cohen of Wall Street Trading. He equates HFT to paying for premium seats at a Broadway show or paying to be first in line, but he does wish there was equal access to the prices traders pay for stocks. There are different solutions being proposed to reduce the impact of high frequency traders, but Cohen believes that traders will always find a new way around the rules to get an advantage in the market.
Disclosure: TheStreet's editorial policy prohibits staff editors, reporters and analysts from holding positions in any individual stocks.
