unfortunately this is behind a paywall... :(
archive.is is your friend.
Forex Scandal Drives Shift to Algo Trading
21–30 of 34 posts
Re: Forex Scandal Drives Shift to Algo Trading
#22Why post links that are behind a paywall? This needs to be downvoted. It may be a great article but why post it here if nobody cannot read it?
Anyone who is a subscriber can read it. Is there some rule that HN posts must be available to freeloaders?
Re: Forex Scandal Drives Shift to Algo Trading
#23Here's a great explanation of the forex market development and rigging:
https://medium.com/bull-market/oranges-and-lemons-the-fx-sca...
Re: Forex Scandal Drives Shift to Algo Trading
#24What value do you produce for people when trading forex via algorithms? Honest question.
Some people have yen but want to buy things, like a tanker full of oil, priced in dollars. There once existed a specialized profession of very expensive middlemen who would facilitate this transaction. The transactional costs would have paid for a nice house. Computers can do it for a tenth the price, saving money for folks in the non-finance economy when they're doing things that the non-finance economy very urgently wants them to do.
Re: Forex Scandal Drives Shift to Algo Trading
#25A [paywall] warning will have been polite. :(
Re: Forex Scandal Drives Shift to Algo Trading
#26Is there any good information out there on what's happened recently with the garbage end of the Forex market?
I feel like I noticed the existence of this sector of finance primarily a few years ago because my spam folder stopped being about "v1agra" and Nigerian Prince scams and suddenly 90% the email scams there were about Pips and Forex algorithms.
Re: Forex Scandal Drives Shift to Algo Trading
#27Why post links that are behind a paywall? This needs to be downvoted. It may be a great article but why post it here if nobody cannot read it?
"Complaints about paywalls are off-topic in HN comments."
Re: Forex Scandal Drives Shift to Algo Trading
#28Why post links that are behind a paywall? This needs to be downvoted. It may be a great article but why post it here if nobody cannot read it?
Anyone who is a subscriber can read it. Is there some rule that HN posts must be available to freeloaders?
Yes.
Are paywalls ok?
It's ok to post stories from sites with paywalls that have workarounds.
Re: Forex Scandal Drives Shift to Algo Trading
#29> To Read the Full Story, Subscribe or Sign In
lol no thank you
Re: Forex Scandal Drives Shift to Algo Trading
#30Is there any good information out there on what's happened recently with the garbage end of the Forex market? I feel like I noticed the existence of this sector of finance primarily a few years ago because my spam folder stopped being about "v1agra" and Nigerian Prince scams and suddenly 90% the email scams there were about Pips and Forex algorithms.
Not really sure what you mean. But as far as trading forex, it's relatively cheap and easy (as these things go as regulation in most jurisdictions is either lax, or non-existent) to set up shop and quite lucrative. The majority don't actually settle trades, they just match their book and trade the rest naked. Because, let's face it, it's pretty much guaranteed that almost all retail trades will blow out their accounts. I wouldn't let my money anywhere near those sleazy bucketshops.