Posts Tagged ‘High Frequency Trading’

  • 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 [...]

  • Speed Kills In The Market-Using Market Jujitsu
    Posted by on November 2nd, 2013 at 9:22 am, Comments: 0

    Over the course of the last decade, markets have gotten faster.  Not only has HFT taken over, but the speed at which information is disseminated [...]

  • Getting Your MBA After Age 40 is A Waste of Time
    Posted by on October 12th, 2013 at 8:30 am, Comments: 0

    A lot of people wonder about getting an MBA to improve their marketability.  Is it worth the cost?  Top MBA programs are very expensive.  Is [...]

  • The Mainstream Media Is Waking Up on Exchanges
    Posted by on August 24th, 2013 at 9:12 am, Comments: 0

    The mainstream media is starting to quake.  The sleeping giant is starting to realize there is something messing with free and open financial markets, and [...]

  • CFTC Coming At HFT
    Posted by on August 23rd, 2013 at 8:25 am, Comments: 0

    This is what happens when you don’t regulate yourself.  Or, perhaps it was inevitable since we are now “blessed” with an activist government. There are [...]