Just like reality TV, High Frequency Trading is sticking around like a drunk after last call. But there’s reason for optimism. High frequency trading (HFT) is where traders use a combination of hardware and software to see how much someone else is willing to buy or sell a given security for, fractions of a second … Continue reading High Frequency Trading Isn’t Going Anywhere
http://www.youtube-nocookie.com/v/u6XAPnuFjJc?fs=1&hl=en_US The surprising truth about motivation: The bigger the bonus, the worse people perform complicated tasks. Hat tip: Phil Williams (Source: http://www.youtube-nocookie.com/) Continue reading
“You know, capitalism and free trade generally make a lot of sense. But our current method of allocating capital–Wall Street being the big mover in that process–keeps finding new ways to make itself look dangerously insane.” – Joel Mathis on the terrifying 1,000-point Dow drop Thursday afternoon. Business analysts still aren’t quite sure how it … Continue reading Quote of the Day: Summing Up That Wacky Dow Dive
Like most people who are suffering through this recession because of the truly spectacular avarice of the top 5% of income earners, I’m really, really interested to see what sort of power the US government even has to prevent such rigged, distorted markets from reoccurring and f*cking us all in the collective ass again. Felix … Continue reading Regulate this?!
Globalmitch 