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.

Want access to our latest research and new buy ideas?

Start a free 15 day trial and gain access to our research, recommendations and market-beating model portfolios.

Sign up for free

Related Articles