The market is not rigged despite what Michael Lewis asserts in his new book “Flash Boys”, says Dan Greenshields, President of Capital One ShareBuilder. Greenshields says speculation has always played a role in the capital markets and the regulators will eventually eliminate illegal trading and front-running by high frequency traders if that proves to be the case. He says Capital One ShareBuilder does not get paid for order flow and avoids so-called dark pools so it is less affected by HFT than other brokerages.
Subscribe to TheStreetTV on YouTube:
For more content from TheStreet visit:
Check out all our videos:
Follow TheStreet on Twitter:
Like TheStreet on Facebook:
Follow TheStreet on LinkedIn:
Follow TheStreet on Google+:
source
