Earlier this month, a rogue trading algorithm, resulted in Knight Capital losing $440 million in just 40 minutes. Basically translated; a piece of computer code ran amok and caused financial chaos. Knight is an unknown entity to the American public and probably most who trade stocks haven’t...
If you want an trip into the “money culture” that OWS appears to be rallying against, you need to go no further than look to the trade publications that covered that world. The perfect chronicler of the culture was Trader Monthly- who for the best part of the C21st has recorded and...
It often seems like the robots science fiction promised never materialized. Sometimes we see glimpses of something in Japan, but then we hear nothing. What if the robots don't look like we expect them to?What if the robots are already here?Imagine trading on Wall Street, you would like to feel that...