Editor's Letter - The greed for speed

But this practice has in recent months caught the attention of the general public - mostly in the US, but also on this side of the Atlantic - due in no small part to the industry's regulators voicing concerns that it may provide certain market participants with an unfair advantage. When you consider that Joe Public represents a significant constituent (as a client) in large numbers of financial services firms, this is not such a good thing. But to suggest HFT is unfair is a pretty spurious argum