Tag Archives: France

Democrats Tom Harkin and Peter DeFazio Pushing Taxes on Stock Transactions: Cure-All for High Frequency Trading?

According to FOX Business, fueled by momentum in Europe, some U.S. lawmakers are looking to introduce a tax on stock transactions in an effort to discourage computerized trading that tends to increase volatility in the markets. It’s a move Democrats … Continue reading

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How high-speed traders have winning advantage

According to Gareth Hutchens, Mark Twain once wrote a story about a man who caught a shark in Sydney Harbour. The shark was an unusually large one, and after disemboweling it the man found the remains of a German, along … Continue reading

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France Details Financial Tax Proposal, Hopes To Set Precedent

As reported by William Horobin Of DOW JONES NEWSWIRES, the French government Wednesday gave details of a financial transaction tax it hopes will bring in over EUR1 billion (US$1.3 billion) a year in revenue and drive away speculative trading activities, … Continue reading

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French Senate Cracks Down on High Frequency Trading

According to a report by Ulrika Lomas of Tax-News.com, the French Senate, with its left-wing majority, has approved plans to establish a tax on automated transactions in France, to curb the rapid rise in high frequency trading. Proposed by general … Continue reading

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Europe Mulls a Major Blow To High-Frequency Traders

According to highfrequencytraders.com, EU Ministers are meeting today to discuss a transaction tax which could see high frequency trading driven out of certain markets. President Sarkozy believes proceeds from the tax could help fight poverty and climate change, but there … Continue reading

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High-Frequency Trading Needs Tighter Control, France’s Financial Markets Regulator Jouyet Says

According to Bloomberg’s Ben Martin, the head of France’s financial markets regulator said that regulators may need to develop “circuit-breakers” that halt high-frequency trading practices like those that exacerbated a stock market plunge a year ago. The measure, “rather like … Continue reading

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