TY - JOUR T1 - What Is Wrong with Canada’s Capital Markets? JF - The Journal of Trading SP - 103 LP - 107 DO - 10.3905/jot.2015.10.2.103 VL - 10 IS - 2 AU - Jos Schmitt Y1 - 2015/03/31 UR - https://pm-research.com/content/10/2/103.abstract N2 - 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 ER -