Blackrock Says Predatory High-Frequency Trading Is Market Abuse

Apr 09, 2014 7:14 pm ET

April 9 (Bloomberg) -- BlackRock Inc., the world’s largest money manager, said predatory high-frequency trading is market abuse and should be treated as such by regulators.

“However, ‘high frequency trading’ encompasses a wide variety of trading strategies and care must be taken to differentiate predatory practices from practices that benefit end-investors,” the New York-based firm said today in a research paper.