- Robo-trading menaces financial markets, expert warns
- by Gino Vicci | @03-02-12
- It was as sudden as a terrorist attack. It came out of nowhere. For a moment in time, a shock wave sent panic through the most sophisticated financial markets in the world. Virginia Mcgathey, owner of McGathey Commodities, remembers the May 6, 2010 "Flash Crash" very well. The stock ...
- Beijing Diversifies Away From U.S. Dollar
- By TOM ORLIK and BOB DAVIS | @03-02-12
- China is shifting sharply away from U.S. dollars and the world hasn't ended-yet. Tom Orlik discusses on Markets Hub. Photo: Ed Jones/AFP/Getty Images. BEIJING-Fresh data suggest China is moderating its appetite for investing in U.S. securities, a trend that could mean lower flows of cheap capital ...
- WGN 720 Radio Duffy
- From Internet | @03-02-12
- Enjoy the WGN 720 Radio. ...
- CME Says No Error in Treasury Futures Trading as Bernanke Spoke
- By Matthew Leising | @03-02-12
- CME Group Inc. (CME), the world's largest futures exchange, said there is no indication of erroneous trading in 10-year Treasury futures contracts today after Federal Reserve Chairman Ben S. Bernanke spoke. The June 2012 10-year note futures contract slid from about 131 11/32 to the day's low of 130 ...
- Institutional Algo Predictability
- From Internet | @03-02-12
- Yesterday we came across an interesting blog post by John Cochrane, a professor at the University of Chicago’s Booth School of Business. His post, titled Weird Stuff in High Frequency Markets, highlighted the following graph from a 2011 academic paper by Hasbrouck and Saar, titled Low Latency Trading: This chart is ...
- Deutsche Borse to Crack Down on Algorithmic 'Abuse'
- From Internet | @03-02-12
- Deutsche Borse has revealed it will charge traders that cancel an excessive amount of orders. The move comes in response to the growing number of high frequency traders on the exchange that use algorithms as part of their trading strategy. There are concerns that the large amount of orders which are ...
- Playing with fire
- From Internet | @02-28-12
- Financial innovation can do a lot of good, says Andrew Palmer. It is its tendency to excess that must be curbed FINANCIAL INNOVATION HAS a dreadful image these days. Paul Volcker, a former chairman of America's Federal Reserve, who emerged from the 2007-08 financial crisis with his reputation intact, once said ...
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