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High Frequency Trading Book Dampens Mood for Stocks

The busy IPO calendar has helped the mood for stocks, even as the high frequency trading cloud continues to darken the skies. New stocks like GrubHub, which traded up 40% on its first day have enticed investors to the stock market. However, the public remains discouraged by what they hear about the high frequency trading. Trader David Henderson says that instead of volume increasing as a result of the high frequency traders, it has dried up, and he believes it creates an unfair advantage.