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When I started trading there was one market – the local one, it was impossible to trade anything else because the technology simply didn’t exist to allow it. Any orders from overseas came in via telex and everything was done by paper transaction. One of the brokers I worked for even had a an employee…
When I started trading there was one market – the local one, it was impossible to trade anything else because the technology simply didn’t exist to allow it. Any orders from overseas came in via telex and everything was done by paper transaction. One of the brokers I worked for even had a an employee…
I have heard the expression legalised theft in relation to the redistribution of shareholder assets that is occurring in the US. What is amazing is how out of touch business seems to be in the US with what is happening in the economy, the mood of the market towards outrageous behaviour and more importantly what…
I have heard the expression legalised theft in relation to the redistribution of shareholder assets that is occurring in the US. What is amazing is how out of touch business seems to be in the US with what is happening in the economy, the mood of the market towards outrageous behaviour and more importantly what…
This should be interesting – (Reuters) – U.S. securities regulators have taken the unprecedented step of asking high-frequency trading firms to hand over the details of their trading strategies, and in some cases, their secret computer codes. The requests for proprietary code and algorithm parameters by the Financial Industry Regulatory Authority (FINRA), a Wall Street…
This should be interesting – (Reuters) – U.S. securities regulators have taken the unprecedented step of asking high-frequency trading firms to hand over the details of their trading strategies, and in some cases, their secret computer codes. The requests for proprietary code and algorithm parameters by the Financial Industry Regulatory Authority (FINRA), a Wall Street…
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