International Finance

Tag : Algorithms used by HFT traders

Fintech

Italy Imposes Tax on High Frequency Trading

International Finance Desk
The 0.02 percent tax applies to derivative deals lasting less than half a second and to transactions involving Italian stocks or indices calculated on the basis of the product’s overall value. 10th September 2013 Italy has implemented a new tax on high frequency trading on its stock markets becoming the first country in the World...