European politicians plot to block UK veto on 'Tobin tax'

[snaw]

I knew you were stupid but did not know your brain in incapable even of simple forward calculations.

Nope, reread it and you've lost me there. I indeed must be stupid.

Interesting that's the point you choose to quote, for me it was a throw away line, not meant to be taken too seriously. On the other hand HFT trading has put a few 000's in my bank account in times gone by, so not complaining.

[Churchill]

Nope, reread it and you've lost me there. I indeed must be stupid.

Interesting that's the point you choose to quote, for me it was a throw away line, not meant to be taken too seriously. On the other hand HFT trading has put a few 000's in my bank account in times gone by, so not complaining.

I thought you were a Scot!?!

[snaw]

I thought you were a Scot!

You've got your POM's mixed up there mate, it's you lot that spend a lifetime whinging about stuff

[Churchill]

You've got your POM's mixed up there mate, it's you lot that spend a lifetime whinging about stuff

Somehow I thought you'd be bigger!

[snaw]

Somehow I thought you'd be bigger!

What, than you? That can't be a common occurrence, shirley.

[AtW]

On the other hand HFT trading has put a few 000's in my bank account in times gone by, so not complaining.

Yes you put a few grand in your pocket but on the other hand market speculators took far more from it thanks to increased prices of all commodities.

[snaw]

Yes you put a few grand in your pocket but on the other hand market speculators took far more from it thanks to increased prices of all commodities.

Bit of a tenous link AtW. HFT is to blame higher commodity prices ... Got nowt to do with the rise of emerging markets and increased demands for limited resources (commodities) then ... you really do live in a simple world, full of good guys (Commies) and bad guys (Capitalist pigs).

They don't hang around long enough to increase prices over the long term, they're in and out in a flash - hence the description 'high frequency'.

[AtW]

Bit of a tenous link AtW. HFT is to blame higher commodity prices ... Got nowt to do with the rise of emerging markets and increased demands for limited resources (commodities) then ...

Chart of oil price below



Can you explain to me how exactly your emerging markets got price of oil to $150, then down to $30 and then back to $120 and now it is going back down again?

HFT is just an extreme example of where general speculation moved into - not content with f***ing people over once in a while they want to do that frequently.

Instead of investing money to get cure for cancer or new space engines we have situation where hot money grow bubbles that tax people pockets massively via increased prices.

All this printed money could go into commodities to make everyones lifes more expensive, or HFT of whatever causes volatility to make money out of pockets of genuine investors OR maybe if they could not do that they'd have to invest into companies that create jobs and products that are actually useful.

[Churchill]

where hot money grow bubbles that tax people pockets massively via increased prices.

That was a clue in Sunday's Times crossword!

[Arturo Bassick]

That was a clue in Sunday's Times crossword!

Is the answer Cowabunga?