the exchanges chose HFT and co location and speed and forgot the important ingredient ........ paper ."dark pools " will replace exchanges as they realize that the markets are really there for retail purposes as with colocation we have lost liquidity and with it volume and confidence . Arbitraged contracts have always eventually failed .liffes bunds suffered to eurex;'s and [EDITED] as local Im happier trading dark pools . 06 Jan 2012
What concerns you most about the upcoming regulation changes?
“Even after the President signs the Wall Street reform bill, financial reform will be far from complete.”
Gary Gensler, chairman, CFTC