Viewing profile — MKT

If you don't pay bonuses, do you give a managing director at a bank a 1 million dollar salary independent of performance? How is that a good thing? And if you tried to pay her very…

Let's not forget that you could major in STEM and take plenty of liberal arts courses. For example, I was an engineering major and still took English I and English II, as well as J…

Google bought Motorola, and now they fired my dad who has been with Motorola for a while. The irony is, he has a bunch of patents, which is why Google bought Motorola in the first …

Chicago

RIP. Every time I type printf, I honor you, my friend

if facebook manages to earn 100 present value dollars per user per lifetime of their facebook usage on a user base of 600 million, they should be worth 60 billion. It does not seem…

be careful about the idea of clamping down on legal tax-paying businesses based on how much "social value" they are producing. It is very hard to judge that and it is subjective. O…

yes but if there is an obligation, you could end up with less total liquidity because if you oblige traders to trade when it is a losing proposition to do so, you will get less tra…

that would reduce liquidity drastically. Think about this. Suppose all the quotes show up once a second: if the values of the assets in question are momentarily mispriced relative …

trading activity is information because it is real people putting real money at risk and expressing their views of what the assets are worth. As in any competitive market, HFT trad…

yes because spreads were wider and stock trading was routed to specialists on NYSE who could "jump the queue" and peek ahead at who they wanted or did not want to trade with. Also …

And why do you think reducing frequency of all trades to 1 second would eliminate HFT ? the term high frequency would simply mean 1 second. But what it would do is drastically redu…

and what's wrong with that? Or rather, would you ban that too?

everyone can purchase fast access. If a brokerage or a bank wanted to do it, they certainly could. It's like saying that Kinko's has an unfair advantage at making copies because it…