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When It's Not About Doing Hard Work

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posted on May, 27 2010 @ 07:50 AM
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In this episode of "The Keiser Report" on Russia Today, Max Keiser illustrates for us the role of High-Frequency Trading (HFT) in the stock market: making your stock price do whatever you want through the use of algorithmic, programmed trading. By so doing, the law of supply and demand is usurped.







posted on May, 27 2010 @ 09:24 AM
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In the second half of the video, Max is shown in a clip from 1996 talking about his intent for creating the Hollywood Stock Exchange. He talks about what has happened since then, with the Commodity Futures Modernization Act of 2000 and the repeal of the Glass- Steagall Act in 1999.



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