Seventy-one percent of US investors believe market is rigged - survey


US economic analyst Kenneth Shortgen published the results of a recent survey conducted among US investors. According to the report, many investors refuse to work within the scope of the equity market in the country, because they are not sure of its transparency, and are afraid of losing their investment, Pravda.Ru says. 

According to Shortgen, over the past six years, the rating of distrust to the work of the US securities market has increased up to 71 percent.

"We are pleased to share the results of our recent U.S. Equity Market Structure Survey, the results of which show both displeasure in current market structure and a desire for change. Our survey found that a majority of financial industry participants believe that the U.S. equity markets are unfair and that HFT is harmful,"  the journalist wrote with reference to Zerohedge

Shortgen also criticizes the emergence of high-frequency trading (HFT), whereby brokers working through devices connected directly to stock exchanges, can see every transaction prior to its execution and thus are able to manipulate prices in these markets by creating artificial financial transactions and using them exclusively in their interests, Pravda.Ru said. 


Read article on the Russian version of Pravda.Ru 

Original article available here



Subscribe to Pravda.Ru Telegram channel, Facebook, RSS!

Author`s name Editorial Team