PT  - JOURNAL ARTICLE
AU  - Jos Schmitt
TI  - What Is Wrong with Canada’s Capital Markets?
AID  - 10.3905/jot.2015.10.2.103
DP  - 2015 Mar 31
TA  - The Journal of Trading
PG  - 103--107
VI  - 10
IP  - 2
4099  - https://pm-research.com/content/10/2/103.short
4100  - https://pm-research.com/content/10/2/103.full
AB  - Today’s markets are more unfair than ever. Market participants benefiting from a technological advantage and the financial capability to leverage it deploy strategies that make the playing field uneven and are harmful to long-term investors. The quality of execution in today’s markets is impaired by predatory trading strategies, and considerable wealth is transferred from the average citizen to a small subset of market participants. There have always been predatory trading strategies. But now they’re systemic, amplified by marketplaces that are complicit. The pendulum has swung too far; it has become taxation without representation.TOPICS: Exchanges/markets/clearinghouses, developed