Saturday, April 14, 2012

Saving Capitalism From the Capitalists: Are the Trading Desks Destroying the Futures Markets?



Dan Norcini is my friend, one of the more savvy people I know in the markets. He has made his living as an off-exchange trader for many years. The concerns he has about the viability of the markets is genuine, and of great importance.

People forget the reasons why some markets exist, what their function in support of the real economy is fundamentally all about.

The responsibility for this

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