Individuals think markets are not fair

The 'flash crash' experienced by the US stock market on May 6 further damaged the confidence of individual investors in the integrity of the markets for equities (Wall Street Journal, August 24, 2010). The lack of disclosure about the way that 'dark pools' and high-frequency trading operate has to be ended if there can be any chance of restoring a level-playing field where individuals again commit themselves to investing in equities. (25/08/2010)