Electronic Trading Accidents Can Help Improve Big Data Management

Electronic Trading Accidents Can Help Improve Big Data Management

Electronic Trading Accidents Can Help Improve Big Data Management

More than a quarter of market participants find its current structure “very weak,” according to a recent TABB Group poll, which indicates that all-too-frequent computerized trading goofs are eroding market confidence. Last month’s Knight Capital tech tragedy killed almost 20 percentage points-worth of warm fuzzies.

That’s 26 percent of drivers behind the trading wheel feeling that the track is “very weak,” up from just 7 percent in June and 3 percent in May. Slowing down the markets would help prevent such disasters and restore investor confidence, according to more than 30 percent of asset managers polled.

But they aren’t taking into account the cost of easing off the accelerator.

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About yocijourney

God does not play dice
This entry was posted in Business, Finance, High Frequency Trading, high-frequency journalism, Insider Trading, knight capital, Market Making, U.S. Economy, Wall Street and tagged , , , , , , , , , , , , , , , , . Bookmark the permalink.

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