It's not a 'quality market' for retail investors
I REFER to the recent article, "Share traders calling it a day as market volumes dries up" (BT, Oct 23), in which our stock market was described by some as a "quality market". Unfortunately, retail investors would beg to differ. There are various reasons behind the current malaise.
One common grouse centres around the dominance of algo traders who employ sophisticated computer programs to trade the markets, making it difficult for retail investors to buy and sell. There is also some talk that the lunch break, which the local market used to enjoy for decades, was unilaterally removed (despite vehement opposition from other stakeholders) to reduce the daily programming required by these traders…
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