Monthly Archives: September 2012

One Big Order, Thousands of Small Ones, Seen Behind Oil Tumble

NEW YORK (Reuters) – A single large sell order in the benchmark European Brent oil market, followed by an abrupt U-turn among high-frequency traders, may have caused one of the most abrupt price routs ever, brokers and analysts said on … Continue reading

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Is Fed Making Life Tougher for High-Speed Traders?

…High-frequency traders use computer programs based on mathematical algorithms to trade at rapid speed, capitalizing often on tiny moves in stock prices. The industry itself has received widespread blame for market instability. A report in Wednesday’s Wall Street Journal, for instance, … Continue reading

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Speed Trading in Senate Spotlight

By ZACHARY WARMBRODT | 9/19/12 4:33 AM EDT Worries about rapid-fire computerized trading spooked markets again this week amid continuing questions about what regulators and lawmakers will do to address concerns about these trades. The issue flared up Monday after a brief … Continue reading

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Cisco Flexes Custom Silicon Muscle for High-Frequency Trading Crowd

Cisco’s Nexus 3000 line has been aimed at high-performance applications, but most of the attention in that market has gone to startup competitor Arista, which has had its 7100SX family on the market for almost a year and a half … Continue reading

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U.S. lawmaker calls for CFTC probe into high-speed oil trading

(Reuters) – A U.S. lawmaker on Wednesday asked futures regulators to probe the larger effects of high-speed trading in the oil markets after crude futures prices took a brief unexplained plunge earlier this week. Representative Edward Markey, a Democrat, asked the Commodity … Continue reading

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Fed Warns High-Frequency Trading Firms

By Arash Massoudi in New York and Philip Stafford in London Many high-frequency trading firms are taking shortcuts in their risk controls as they seek out faster ways to trade, a US regional Federal reserve bank has warned. The study … Continue reading

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WRAPUP 2 – Rapid Plunge In Oil Futures Leaves Traders Guessing

* Oil drops $4 a barrel in a quick burst of selling * White House denies speculation about SPR release * CFTC “looking into” oil market rout By Joshua Schneyer and Alexandra Alper New York/Washington, Sept 17 (Reuters) – Four … Continue reading

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Could High Frequency Trading Lead To Our Own ‘Flash Crash’?

The dangers of massive high frequency trading are becoming increasingly clear in equity markets. Greg Medcraft, the chairman of corporate regulator ASIC, confirmed to a Federal parliamentary committee: “Regulators around the world are very concerned about the systemic risk on … Continue reading

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Is The Sea The Next Frontier for High-Frequency Trading?

It sounds like something out of a bad Kevin Costner film, but “seasteading” – the establishment of cities floating on the world’s seas – has grown into a genuine political movement. While some people see them as testbeds for pioneering … Continue reading

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ECB’s Nowotny Calls For High-Frequency Trade Ban

(Reuters) – European Central Bank policymaker Ewald Nowotny called on Thursday for a regulatory ban on high-frequency trading, saying the technique of using computer algorithms to generate multiple high-speed trades had no practical value. A day after the European Commission … Continue reading

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