The stock market had a strong up day on moderate volume yesterday as the «Flash Boys» book and its author made the media circuit. The Institutions and professionals are yawning. More than 1/3 of the institutions queried said they did not believe it would scare off the average investor. They did mostly agree that it would ramp up some sort of SEC regulation and investigation but they know that the SEC has been investigating High Frequency Traders HFTs for a couple of years, ever since the Flash Crash of 2010.
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