High-speed traders cost regular investors almost $5 billion a year, study says

High-speed traders cost regular investors almost $5 billion a year, study says

A trader works on the floor of the New York Stock Exchange.

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Traders and hedge funds who use high-speed methods to gain an advantage in the stock market impose a “tax” on other investors, according to a study released Monday, costing as much as $5 billion per year across global exchanges.

The Financial Conduct Authority (FCA), a regulatory arm of the United Kingdom, found…

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