Tobin tax threatens economic viability of ‘repo’ market – ICMA

Jay OwenReforming Global Finance, SRI/ESG News

We at Ethical Markets  have advocated a financial transactions tax  for many years and now it is need more than ever to curb high-frequency trading , best as a “ cancellation fee”  since most HFT orders  are cancelled within milliseconds  and are just  a form of “ front-running”  – Hazel …

NSFM report published today: Financial Transaction Tax will help, not harm, pensions

Ethical MarketsReforming Global Finance, SRI/ESG News

Network for Sustainable Financial Markets has posted a new item, ‘NSFM report published today: Financial Transaction Tax will help, not harm, pensions ‘ 11th December, 2012: A Financial Transaction Tax would not adversely hit pension funds according to a new report published today by the Network for Sustainable Financial Markets. …

Time to Rethink a Broken Market

kristyReforming Global Finance

Time to Rethink a Broken Market Posted: 30 Aug 2012 10:15 PM PDT Yves here. Readers are likely to assume that the “broken market” of the headline is US housing related, say the private mortgage securitization market, but the subject is what once was the gold standard of trading markets, …

Book Review: ‘Dark Pools’ By Scott Patterson

Jay OwenBooks and Reviews, Articles by Hazel Henderson

Dark Pools is a page-turning, fascinating account of how computerized algorithmic high-frequency trading (HFT) and electronic platforms evolved, took over financial markets and turned the NYSE floor into a mere “puppet-show for TV.” Author Scott Patterson, a reporter for theWall Street Journal, is a consummate observer. Dark Pools is a …

Book Review: Broken Markets by Sal Arnuk and Joseph Saluzzi

Ethical MarketsBooks and Reviews, Articles by Hazel Henderson

Broken Markets: How High-Frequency Trading and Predatory Practices Are Destroying Confidence and Your Portfolio, by Sal Arnuk and Joseph Saluzzi, FT Press, 2012 This insider look at the evolution of high-frequency trading (HFT) from its start as “scalping” in the Chicago commodity trading pits well over a decade ago is …

Tell Cameron To Back A Robin Hood Tax At The G20

Ethical MarketsReforming Global Finance

We at Ethical Markets support a global Financial Transactions Tax of  less than  1% to curb high-frequency computerized trading, protect genuine investors and raise needed public funds. Hazel Henderson, Editor In one week, David Cameron will travel to meet world leaders at the G20 Summit in Cannes.  At this meeting, French …

The one tax that would rein in Wall Street…

kristyReforming Global Finance

‘Goldman Sachs’ Quiet Meeting in China Ride Big Oil For Huge Gains Now Since Private Briefing launched back in August, our mantra has been consistent and clear: Invest in energy now while prices are still low. We’ve said it time and again. And those who listened are making a killing. …