New stock exchange next yearOn CBC news , I have seen where a new stock exchange is / might be schedled for 2014. The reason is to cut down on high frequency trades, although this might help stabilize the markets, I believe the actual culprit in unstable markets , is allowing someone to "SHORT" a stock. This practice doesn't make any sense at all... How you are allowed to sell something you don't even own , and then buy it back within a certain time frame at a lower price , is rediculous!!
JMHO.
Any thoughts out there?
A.P.