Join NexChange - the professional
network for the financial services
industry - and receive a free one-
year subscription to Forbes
Video: High Frequency Trading hurts the little guys
"Creating an advantage for to an institutional user or a particular type of trader that disadvantages the retail investor is bad for the country, bad for the markets, and bad for the business," says Dick Grasso, former NYSE chairman and CEO. "The structure of the market today for major securities has been terribly hurt," Grasso says on Wall Street Week. The complex markets have become less transparent, hurting the average retail investor.