MMI CEO in Financial Times: US Treasuries: the times they are a-changin’

The Modern Markets Initiative and the Principle Traders Group say the (treasury report on Oct 15 2014 volatility) vindicates HFT’s role in markets, sweeping aside criticism that they are fair-weather players. “Maybe it will change some people’s perceptions when they see HFT firms were not providing fleeting liquidity,” says Bill Harts, CEO of MMI.