As the debate about high frequency trading (HFT) continues to go on and on and as the detractors get more and more vocal, more firms are now coming out to defend the controversial practice.

According to the High Frequency Trading Review (www.highfrequencytradingreview.com), in the last few days, a number of high frequency trading firms have pitched in to the debate, arguing that the benefits that HFT brings to the market far outweigh any negative impact.

Chicago-based Wolverine Trading for example, wrote an open letter to the SEC (Securities and Exchange Commission) in response to the regulator’s call for … Read more at Forex Trading System Central