Welcome
Trading Defenders is a site devoted to protecting the stock trading industry. It is important that we educate the general investing public of the need for traders, and the importance of having traders in the marketplace.
Trading Defenders strives to educate other traders and investors about structural changes in the market, and how we can deal with these changes. We are currently defending traders against abusive trading practices such as sub-pennying, and flash trading. These practices create a two-tiered market system. Trading Defenders seeks a level playing field for all traders.
Trading Defenders is NOT opposed to high frequency or algorithmic trading. We are opposed to abusive strategies that compromise the integrity of our financial markets.
Be sure to visit our new site, where we help you navigate in this HFT world: www.premarketinfo.com
Subscribe to our FREE email newsletter:
Membership is free and you can cancel at anytime. Your email will remain entirely confidential.
Name:
Email:
Updates on Current Issues:
June 24, 2010
Top Issues You Need to Know:
Defined: When a broker-dealer or algorithmic program steps ahead of a displayed limit order by
a fraction of a cent.
The SEC is still accepting comments on the equity market structure.
We encourage our readers to send their concerns about sub-pennying and broker-dealer internalization to the SEC via the following online form (S7-02-10):
Defined: When an algorithmic trading system gets a "sneak peak" at an incoming order, then uses this information to "front-run" the order.
A proposed bill by Congressman Peter DeFazio to impose a securities transaction tax of 0.03% on the purchase and sale of financial instruments.
Oct 11, 2010 MUST READ!
Dec 16, 2010
