Monthly Archives: July 2013

Knightmare on Wall Street Book Review: How Knight Capital Fumbled its Best Opportunity to Shine

Ever since the Knight Capital trading disaster broke in August 1, 2012, investors and traders have been morbidly fascinated by the incident. How had so sophisticated a company managed to burn though $440 million in a bit more than half … Continue reading

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SAC Charges Another Win for Machines Over Human Traders

In pursuing and winning an indictment of SAC Capital Advisors LP, federal prosecutors are intent on shuttering one of the largest and most successful stock-trading hedge-fund firms in Wall Street history. If they succeed, it will also mark the effective … Continue reading

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Beware the Alpha Sharks! High Frequency Trading and Its Impact on Markets

  Maureen O’Hara, professor of finance at Cornell University, and member of the Systemic Risk Councilhas a warning to traditional investment managers, i.e., low frequency traders (LFT): High frequency trading(HFT) is now the norm, and it is not going away. Continuing to … Continue reading

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Traders attack plans for UK tax on HFT

Senior traders and analysts have strongly criticised plans for a UK financial transactions tax on high frequency trading, which was proposed today by a group UK MPs conducting a study into the Kay review on UK equity markets. The UK’s … Continue reading

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U.K. Lawmakers Urge Tax on High-Frequency Trading

The U.K. government should consider introducing a transaction tax on high-frequency trading to deter very short-term investors, a panel of lawmakers said. Such a levy could be used to help implement the findings of economist John Kay’s 2012 review of … Continue reading

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Edgar Perez, Presenter at HFT Conference in New York, Advocating High-frequency Regulation

Edgar Perez, author of The Speed Traders and speaker at High-frequency Trading Leaders Forum 2013 New York City, claims that wrongdoing in the financial markets has existed long before the advent of high-frequency trading, and it will always be a … Continue reading

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Ram Ahluwalia, presenter at a HFT conference in New York, talks the benefits of machine learning within the investment process

Winged Foot Capital’s Principal Ram Ahluwalia, who will speak at the High-frequency Trading Leaders Forum 2013 New York City next week, presented on the benefits of machine learning within the investment process at The Trading Show Chicago 2012. Ahluwalia began discussing universal human … Continue reading

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Alexander Fleiss, Presenter at HFT Conference in New York, Advocating Chile’s rising

Alexander Fleiss, Chairman and Chief Investment Officer of Rebellion Research, and speaker at High-frequency Trading Leaders Forum 2013 New York City, says that Chile has shown tremendous progress since the financial crash of 2008. Overall GDP has grown by nearly 50% over the last five … Continue reading

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Robert Cohen, Presenter in the HFT leaders Forum 2013, conducted an investigation against two executives

Robert Cohen, officer in the SEC’s Division of Enforcement and speaker at High-frequency Trading Leaders Forum 2013 New York City, conducted the investigation against two executives. “The Securities and Exchange Commission charged Charles Schwab Investment Management (CSIM) and Charles Schwab & Co., Inc. (CS&Co.) … Continue reading

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Sanjeev Sharma, Presenter in the HFT leaders Forum 2013, predicting Dow Will Be Closer To 14000

Instead of using hundreds of factors in complex algorithms like professional economists, Sanjeev Sharma, a New York based consultant and speaker in at High-frequency Trading Leaders Forum 2013 New York City, have been using disposable income as the sole factor to predict the movement of … Continue reading

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