While the Stock Market’s triple digit swings may unnerve even the most seasoned investors, one group of stock traders are scoring record profits. According to the Wall Street Journal high frequency traders, flash traders who buy and sell stocks in fractions of a second, are making the big bucks off of the volatility. That’s leading many to speculate that flash traders are to blame for wild fluctuation we have seen lately. Ed Butowsky, managing partner of Chapwood Investment Management, joins Fox Business’ Bulls and Bears to examine how flash traders are not the cause to the recent stock market volatility, but definitely contributing to the wild ride.
Ed Butowsky is the managing partner of Chapwood Investment Management and is an internationally recognized expert in the investment wealth management industry. Ed is also a frequent guest on other networks such as CNN, NBC, ABC, Fox News, Fox Business, and Bloomberg to name a few.
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Tags: flash traders, investors, naked shorts, profits, shorting stock, stock market, stock traders, stocks, triple digit, volatility