re: What is the Money Board's opinion on high frequency trading?

exactly, they can monitor when the large traders are making moves. When the large traders place an order, the high frequency trade computers sense it, immediately trade based on that order, and have the ability to jump to the front of the line and counteract the large order before it can be enacted.

For example: a large firm decides to buy 10,000 shares of X Corp. The high frequency trader can start buying that stock before the order is carried out, causing the price to immediately rise before the large firm's order can be processed. Then, the large frequency trader can act as the intermediary and sell their stock to the large firm. Basically, the large firm gets robbed because the high frequency trader knows the large firms move before it technically makes it and can act accordingly.

The high frequency trader is like a Magic: The Gathering player who can play all of their cards at instant speed while the opponent plays everything at sorcery speed. #NerdAlert!