071: Eric Hunsader – Rigged Markets, Stealing and Corrupt Regulators w/ Founder of Nanex
Chat With Traders
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The Importance of Diversity in the Market
Eric Liu: In various documentaries you've featured in, you've actually described HFT activity as stealing and rigging the market. Do you actually believe that is the case, you know, in a literal sense? He says he would love to come by your office sometime if I'm ever in the U.S. There's no busload of children going over a cliff; it's just a billion paper cuts suffered by everyone. It's something in the system that doesn't need to be in there. And so it changes the whole way the market is set up to be not really assisting the retail trader.
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