No i said there’s a 100% chance a transaction tax will be approved . Dem’s have been trying to get for 20 yrs . Mass speculation and outright rabid gambling in the mkt happening . It will be approved .
And what does the tax mean? Do you have any details of the bill that will be pushed to the POTUS desk?
FTT won't just kill daytrading. It will kill trading, period. Everybody who trades will be taxed regardless if you buy or sell, institutions included. Biden just killed the last profitable industry that has not been taken over by China. Way to go, Biden.
Its Time to go.. ASIA Markets ? And Living in ? China is arguably the winner in the derivatives markets !? ... It's a paradox...................... RIP 1998-2021 short Time for the People.... and this https://www.reuters.com/article/us-...as-bidens-regulators-take-shape-idUSKBN29N1W3