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15 Oct 2012 (AFR) – Shareholders revolt over high frequency trading

(15 Oct 2012, AFR, p8, Patrick Durkin)

‘The peak body representing retail investors has written to Financial Services Minister Bill Shorten to demand greater regulation over high frequency trading, amid fears small shareholders are being ripped off.’

‘The calls for action come as the debate over super fast computer trading spills into the broader community as superannuation funds and unions step up their campaign for curbs on the high-tech traders. The escalation by the Australian Shareholders’ Association follows lengthy meetings with both the corporate regulator and the ASX over the hot-button issue.’

Read more at AFR.com (might need AFR login access)

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