Posts Tagged ‘High Frequency Trading’

  • Bridges to Brooklyn, and Swamp Land in Florida
    Posted by on April 23rd, 2015 at 5:11 am, Comments: 0

    Do you believe the stories about the origin of the Flash Crash?  If you do, I have a bridge in NYC and some slightly damp […]

  • More on Trade Following Apps
    Posted by on April 22nd, 2015 at 5:51 am, Comments: 0

    With the democratization of Fin Tech, I am seeing more and more trade following app companies. The basic idea is unsophisticated traders can follow more […]

  • Prof Joseph Stiglitz Should Have Been On the HFT Panel
    Posted by on January 7th, 2015 at 3:34 pm, Comments: 0

    I don’t agree with Professor Joseph Stiglitz economic analysis very often.  I caucus with the classical economists, not the Tobin lead economists.  Even in the […]

  • Touring A Trading Room
    Posted by on November 8th, 2014 at 8:48 am, Comments: 0

    Yesterday I had the opportunity to tour a trading room.  It’s not the first time, and won’t be the last.  Pods of computers with people […]

  • Preserving the Floor Traders
    Posted by on September 9th, 2014 at 7:09 am, Comments: 0

    Yesterday while we were driving I saw this article in the Wall Street.  Should floor trading be preserved?  Or, is it like the buggy whip […]

  • Defending the For Profit Exchange
    Posted by on June 18th, 2014 at 10:49 am, Comments: 0

    Amidst all the consternation about high frequency trading, a small segment of the population thinks the real root cause of the problem is for profit […]

  • Does The SEC Know What It’s Doing?
    Posted by on June 7th, 2014 at 12:35 pm, Comments: 0

    The SEC is going to ask HFT firms to register as broker dealers.  I don’t think that is right, nor is it close to any […]

  • Does Any Exchange Run a Fair Market?
    Posted by on June 6th, 2014 at 8:08 am, Comments: 0

    Michael Lewis book Flash Boys says the markets are rigged.  He is wrong. Rigged is the wrong word to use.  At the $CME annual meeting, […]

  • HFT Isn’t The Elephant In the Room
    Posted by on April 22nd, 2014 at 8:47 am, Comments: 0

    It seems all the attorney generals of the country read Michael Lewis book and subpoenaed high frequency traders.  Populism is not a way to regulate a […]

  • The Realities of What HFT Does To Market Participants
    Posted by on April 4th, 2014 at 8:46 am, Comments: 0

    Traders and brokers have a hard time commenting on public websites. There are rules against it from the SEC, CFTC, FINRA and other organizations. But […]

  • Innovation Should Make It Better
    Posted by on April 3rd, 2014 at 10:02 am, Comments: 0

    In the high frequency trading debate (HFT), proponents of HFT always trot out the same old meme’s.  “But, when it was floor traded the people […]

  • Does It Affect You? If You Believe in Free Market Capitalism It Does
    Posted by on April 1st, 2014 at 3:40 pm, Comments: 0

    Today on CNBC, a guest said HFT doesn’t affect long term investors.  He said that they should be “all in” when it comes to stocks […]

  • FBI Investigates HFT; What Should They Do?
    Posted by on April 1st, 2014 at 9:38 am, Comments: 0

    The media reports that the FBI is investigating high speed traders.  The basic investigation involves front running the market because the HFT participants have inside […]

  • Is The Market Rigged?
    Posted by on March 31st, 2014 at 9:24 am, Comments: 0

    Here is the video from 60 Minutes. There is a lot in this video. There is some bias in the video as well. Michael Lewis […]

  • Professor Says We Should Slow Down HFT
    Posted by on March 30th, 2014 at 9:12 am, Comments: 0

    Professor Eric Budesh at the University of Chicago has run a study on high speed trading.  In the study, he found that HFT doesn’t add […]

  • How Would You Vote On This Proxy?
    Posted by on March 19th, 2014 at 5:39 pm, Comments: 0

    Recently, I was part of a piece that was posted at Futures Magazine.  Obviously, I am very disappointed with the way that $CME is trying […]

  • Treasuries Wild? Wait Until the Fed Really Tapers
    Posted by on December 24th, 2013 at 9:02 am, Comments: 0

    Yesterday a reader sent me an email.  He is going to remain anonymous, but he asked me to write about what happened in the US […]

  • Marginal Volatility Erodes Confidence
    Posted by on December 6th, 2013 at 8:08 am, Comments: 0

    People ask me, “What’s changed in the market?”.  Certainly, lots of self evident changes.  Higher levels of regulation, which is more and more incompetent.  The […]