High Frequency Trading Algorithms (HFTs) Are Now In The SEC's Crosshairs | Joe Saluzzi

In the past, I’ve had market expert Joe Saluzzi on this program to explain the huge but hidden world of high frequency trading algorithms, payment for order flow & dark exchanges. 

In general, they confer an unfair advantage to the institutions that wield them and oftentimes result in outcomes that impair the prospects of regular retail investors like you and me.

Well, after years of seemingly turning a blind eye to their exploitation of our financial system, the SEC has just proposed a sweeping set of rule changes designed to better level the playing field.

I’ve already lined up Joe to come back on Wealthion in early January to make sense of these proposed changes for us. Until that time, I thought it would be useful for us all to watch this replay of Joe’s previous appearance on this channel, explaining how the current exploitative technologies & practices work.

He does wonderful job of making a complex subject easy for the regular investor to understand. 

But be warned, his description of many of the current practices powerful Wall Street players use against little guys like us may make your blood boil.

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