Italy slaps tax on high-frequency trades

Italy has imposed a new tax on high-frequency trading - the 0.02-per cent levy applies to transactions lasting less than half a second and is the second part of new financial transaction taxes being imposed in that country. Eleven other European countries are to introduce similar taxes.

Italy has imposed a new tax on high-frequency trading - the 0.02-per cent levy applies to transactions lasting less than half a second and is the second part of new financial transaction taxes being imposed in that country. Eleven other European countries are to introduce similar taxes.

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