“High-frequency trading firms increased their campaign contributions to federal lawmakers by 673 percent from the 2008 to the 2012 election cycle, according to a report that sheds light on their political connections in Washington and efforts to impact policymaking. It compiles the campaign and lobbying records for 48 different firms like Citadel Investments, Getco, Knight Capital (KCG.N), Virtu Financial LLC and Tradeworx which engage in high-speed trading, a strategy that uses lightning-fast computers to search for ways to take advantage of tiny price moves in the marketplace.”
http://www.reuters.com/article/2013/05/13/us-campaign-highspeedtrading-idUSBRE94C0RG20130513
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Tip Freedomwat.ch Staff with Bitcoin
Related posts:
Study links genetically modified grain to stomach inflammation in pigs
European Central Bank Ready For 'Decisive Action'
More than 200 dead, 2,000 wounded as Egyptian security forces crush protesters
Officer fired for long list of misconduct, gunplay, crashing police car
U.S. immigration forms project digitizes one form, at cost of $1 billion
U.S. pushing Gulf nations to develop missile defense
Edward Snowden’s leaks cause editorial split at the Washington Post
FBI behind mysterious surveillance aircraft over US cities
Oklahoma Attorney General May Defeat Obamacare, Judge Rules Lawsuit May Proceed
Electronic Updatable License Plates Could Flash "STOLEN" Or "UNINSURED"
U.S. had early indications Libya attack tied to organized militants
Coinbase bans WikiLeaks; WikiLeaks calls for global boycott
British warships arrive in Gibraltar amid tension with Spain
White House: Internet sales tax ‘will level the playing field’
Supreme Court: Warrants Are Generally Needed to Collect Cellphone Location Data