Markets ‘Absolutely, Positively Rigged’ and getting worse – Eric Hunsader, Founder, Nanex
TND Podcast Spotlight: Peak Prosperity
Eric Hunsader, founder of Nanex, has been at the vanguard of warning about the dangers and the rampant fraud that the rise of high-frequency trading (HFT) algorithims have let loose in today’s financial markets.
While he usually feels like a lone voice in a world happy to deceive itself, he was shocked to receive a $750,000 whistleblower award from the SEC for his efforts. He’s been sadly less shocked to see that since the award was publicly announced, the abuses he reported have only become more extreme and frequent.
Of the situation that led to his award, he says:
Click here to continue reading Adam Taggart’s article introducing the podcast.
Source: http://thenewsdoctors.com/markets-absolutely-positively-rigged-and-getting-worse-eric-hunsader-founder-nanex/
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