RE: RE: RE: My guess is Lenic is out on his yacht, eternal, Just a thought....
Would an amended version of the Tobin Tax ameliorate your problem with the algorithm Traders?
*Not for the World Big Boards; just a Canadian Federal Tax.
It also may partially inhibit the ( mutliple ) 100 share Traders who " walk " the Price up and down.
The purpose would be one attempt to restore small Investor confidence in what is perceived as a rigged Game by restricting one of the Large Trader advantages.
The percentages per Trade are so low that the dual listed stocks and retail investors probably wouldn't even notice. Hopefully it would remove some of the incentive that threatens our heavily weighted markets in developing Resources and Commodity start ups.
I understand the idea that a Tax reduces incentive, and a Canadian ( only ) Tax would be pillored by Day Traders and MMs.
( The Law of Unintended Consequences would certainly apply :)