Detailed text transcripts for TV channel - FOXNEWS - 20100512:14:18:00
Of every penny in trade. so, we did the math on that looking at the average program trade, basic program trade is a million dollars and would co-those folks $500 for every program trade, which i have to tell you is a steep levy. now, if i'm doing the math wrong here i invite the representative to give me a jingle. but, i have to tell you, this is what it looks like to us and, of course, that would be a huge fee, a huge tax on wall street. on program trading, he also said these traders are parasites on the system. and that the trading technology we are talking about in which trades are done in ...
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