Business Insider: MMI Releases New Video

Matt Turner reports Modern Markets Initiative is making a new effort to demystify the firms. In a new video, senior executives at four HFTs — Global Trading Systems (GTS), Hudson River Trading, Quantlab Financial and Tower Research Capital — make a case for their style of trading to the average investor.  In the video, the HFT execs make a case for the benefits they bring to markets. Smith at Quantlab said that investors have never received better prices for a lower cost than right now. Mark Gorton from Tower Research Capital added that the average investor “should be very happy that they are saving money thanks to the new automated markets.”