Traders attack plans for UK tax on HFT

Traders attack plans for UK tax on HFT

Senior traders and analysts have strongly criticised plans for a UK financial transactions tax on high frequency trading, which was proposed today by a group UK MPs conducting a study into the Kay review on UK equity markets.

The UK’s Business Select Committee this morning called on the government to “consider the viability, benefits and risks of an FTT on HFT” to help change the behaviour of what it called “very short-term investors”.

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One Response to Traders attack plans for UK tax on HFT

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