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Tuesday, September 25, 2012
This and That: High-Frequency Trading, Cottage Ownership and more…
Wired magazine ran a story on high-frequency trading (HFT) in which computers execute thousands of trades maniacally hoping to earn profits of a fraction of a penny per share. The story details the lengths that Wall Street firms go to earn a few microseconds advantage over their competition. Hat tip to the Canadian Money Forum [...]
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