InvestSMART
The Intelligent Investor Growth Fund is listing on the ASX. Initial Offer now open

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.

Join the Conversation...

There are comments posted so far.

If you'd like to join this conversation, please login or sign up here

Related Articles