Rigged or Not. Does it really matters? U.S. Securities and Exchange Commission Chair Mary Jo White flatly rejected claims that retail investors are being fleeced by high frequency traders who can use their speed to jump ahead with buy and sell orders that fetch better prices. “The markets are not rigged,” White told a U.S. House representative panel on ...
... Betting on volatility. Investors remain on defensive mode. Gold rises on Russia-Ukraine Concerns. FTSE STI gains short-lived after Jardine (except C&C), Banking and Property stocks dragged the benchmark into the red on a day when most regional bourses traded mixed. DBS and Noble Group traded on ex-dividend. STI just closed @ 3222.43, marginally below 3222.77. Looking out for reversal signal bar/patterns. In case of volatile spike, place a contingent buy order (@ 3194 – 3200). Daily Performance of 30 STI Component Stocks dated 12 May 2014