Tradebot's Cummings says HFT benefits retail investors

11/16/2012 | CNBC

Dave Cummings, owner and chairman of the board at Tradebot Systems, says high-frequency trading improves the market. "For all the whining and complaining about high-frequency trading and all that, the average retail investor gets a really good deal. The market, the bid offer spreads are tighter than they've ever been," Cummings says.

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