Impact of Legislation on HFT
What do people think about the potential affects of legislation on the future of high-frequency trading and algorithmic trading firms?
How will algorithmic trading firms battle this and how will this cut into their profits? How substantial will the hits in profit be?
Will this legislation have much affect on non-algorithmic trading prop shops?
Check out a nice article on:
http://www.sfgate.com/cgi-bin/article.cgi?f=/g/a/…
Please discuss any thoughts you guys have on this!