Highlights from this article in the Financial Times:
Trading by “real” investors is taking up the smallest share of US stock market volumes in over a decade, according to a recent study.
“Real money”, defined as being mutual funds, hedge funds, pensions and brokerages, accounted for just 16% of buy orders and 13% of sell volume last year.
The rest of those trades?
HFT, or high-frequency trading.
Ugh. I think it’s clear what we need to do here, people.
Somebody go get John Connor before SkyNet becomes self-aware.