Tag: wall street
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Slow-Market Arbitrage in Bandwidth and Finance
Michael Lewis published an fascinating look into the world of high frequency traders on Wall Street in the New York Times. He goes deep into the shadowy world of private exchange “dark pools” and unregulated private networks. As someone who follows technology news and the debates over network peering and net neutrality, Mr. Lewis’ tale…
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Analog to Digital
There is a great interview with Thomas Peterffy on NPR’s Planet Money podcast this week. Mr. Petterffy is credited with bringing computers to Wall Street. In the clip below, he talks about how he cut the cord to his NASDAQ terminal and patched it into the back of a computer so that his trading algorithm…