06 December 2016
Neil Crammond

62571

Neil Crammond - trader

36Posts 106,819Views 40Comments

Disappearing market abuse !

19 June 2014  |  1261 views  |  0
Where has the market abuse / manipulation gone to?

Has "flash boys " provided the catalyst  to regulators and exchanges to rid us of market abuse and manipulation  ?

   It has not gone unnoticed that since April 1st  our markets have finally decided to act on a decade of ignoring blatant abuses in our exchanges .  I have been a fierce critic of both exchange supervision and uneducated regulators who ignored  abusive traders  and failed to provide "fair and orderly markets ." Therefore I must praise them in finally cleaning their act up and restoring vital lost confidence in our market place . Although volumes have yet to return the absence of any abuse has been clearly noted by its membership .

    However the quandary of what the regulators were either looking at or ignoring still needs addressing as it stretched over a decade and  profited both abusive traders and several exchange staff who gained via shares or bonuses  whilst honest traders suffered from having their pockets constantly picked .  The remedy appears to have been simple and along the lines of "zero tolerance !"   Hopefully the "cheetahs " have left our shores and if "flash boys " accelerated this remedy then it has my blessing .

Comments: (0)

Comment on this story (membership required)

Latest posts from Neil

MY DADDY WAS A BANK ROBBER ! HE DID IT FOR THE MONEY !

14 February 2016  |  4760 views  |  0 comments | recomends Recommends 0 TagsTrade executionRisk & regulation

HOUND OF HOUNSLOW PART 2

04 February 2016  |  2550 views  |  0 comments | recomends Recommends 0 TagsRisk & regulationPost-trade & ops

IT NOT JUST TRADERS WHO CHEAT !

01 February 2016  |  2528 views  |  0 comments | recomends Recommends 0 TagsRisk & regulationPost-trade & ops

THE MYTH OF HFT LIQUIDITY !

22 January 2016  |  2789 views  |  0 comments | recomends Recommends 0 TagsRisk & regulationPost-trade & ops

WHY DID REGULATORS ALLOW LAST LOOK TRADING ?

19 January 2016  |  1591 views  |  0 comments | recomends Recommends 0 TagsRisk & regulationPost-trade & ops

Neil's profile

job title trader
location london
member since 2012
Summary profile See full profile »
trading manager

Neil's expertise

What Neil reads
Neil writes about

Who's commenting on Neil's posts

Tayloe Draughon