Floor Trader Flips Out On High-Frequency Trading, Says NYSE Guys Are REAL Defenders Of The Little Guy

Wow, tensions are really rising in the war between old-style floor traders and newfangled robot HFT traders.

CNBC contributor Steve Grasso got all “Rick Santelli” this afternoon, slamming the HFTers, and calling the floor guys the real defenders of the little guy. He was greeted with cheers.

NOW WATCH: Money & Markets videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at research.businessinsider.com.au.