HFT, dark pools have hurt confidence: survey

Asset owners, fund houses and distributors globally, including in Asia, have raised concerns that high-frequency trading (HFT) is eroding market efficiency and integrity, according to a new survey. It concludes they are changing their investment behaviour as a result of a loss in confidence. A number of respondents to the survey, carried out by independent think-tank Create-Research, believe equity markets are stacked in favour of HFT firms. High on their list of concerns is the p…