What was the 'big bang'? MoneyWeek finance tutorial

[callej123]

Great video, as always!

[NicosMind]

Heard you mention high frequency trading. Id like to know why isnt that illegal!?

[Xerriva]

@NicosMind Why should it be illegal? Most of what they do is arbitrage, which serves to keep prices efficient. Nothing wrong with that.

[NicosMind]

@Xerriva Cause they use it to steer markets and they use it to skim profits from every trade. Effectively its front running. They get in before every trade and take a profit. Robbing both seller and buyer too.

[however2006]

That was very educational and insightful. Thank you Tim.