ShareBuilder: 'Flash Boys' Not Affecting Long Term Investors
The market is not rigged despite what Michael Lewis asserts in his new book 'Flash Boys,' says Dan Greenshields, President of Capital One ShareBuilder.
The market is not rigged despite what Michael Lewis asserts in his new book "Flash Boys", says Dan Greenshields, President of Capital One ShareBuilder. Greenshields says speculation has always played a role in the capital markets and the regulators will eventually eliminate illegal trading and front-running by high frequency traders if that proves to be the case. He says Capital One ShareBuilder does not get paid for order flow and avoids so-called dark pools so it is less affected by HFT than other brokerages.
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