Comments on: The Legalized Theft That Is High Frequency Trading http://trueslant.com/justingardner/2009/07/25/the-legalized-theft-that-is-high-frequency-trading/ [Please go to 'Settings' to change your Tagline] Sat, 12 Nov 2011 01:21:45 -0500 http://wordpress.org/?v=2.9.2 hourly 1 By: The three stooges of the high frequency apocalypse « Locklin on science http://trueslant.com/justingardner/2009/07/25/the-legalized-theft-that-is-high-frequency-trading/comment-page-1/#comment-57 The three stooges of the high frequency apocalypse « Locklin on science Sun, 02 Aug 2009 10:36:29 +0000 http://trueslant.com/justingardner/?p=394#comment-57 [...] of the matter is, high frequency trading is a small business. The scariest numbers I have heard are about 10 billion a year. This is a tiny drop in the bucket compared to the tens of trillions that change hands on the [...] [...] of the matter is, high frequency trading is a small business. The scariest numbers I have heard are about 10 billion a year. This is a tiny drop in the bucket compared to the tens of trillions that change hands on the [...]

]]> By: Political Irony › High Frequency Trading – Legalized Theft http://trueslant.com/justingardner/2009/07/25/the-legalized-theft-that-is-high-frequency-trading/comment-page-1/#comment-41 Political Irony › High Frequency Trading – Legalized Theft Mon, 27 Jul 2009 16:24:39 +0000 http://trueslant.com/justingardner/?p=394#comment-41 [...] The problem with this is that when they buy the stock, based on information that someone else doesn’t yet have, whoever is selling the stock doesn’t get as much money. If the seller also knew that the price was rising, they could get a higher price, but the information that their computer sees (or more likely, their stockbroker’s computers) is that the price is still low. The investment firm pockets the difference and they win. If you happen to be the person selling the stock, your stockbroker can’t get as much money for it, and you lose. [...] [...] The problem with this is that when they buy the stock, based on information that someone else doesn’t yet have, whoever is selling the stock doesn’t get as much money. If the seller also knew that the price was rising, they could get a higher price, but the information that their computer sees (or more likely, their stockbroker’s computers) is that the price is still low. The investment firm pockets the difference and they win. If you happen to be the person selling the stock, your stockbroker can’t get as much money for it, and you lose. [...]

]]> By: Daily del.icio.us for July 22nd through July 26th | Vinny Carpenter's blog http://trueslant.com/justingardner/2009/07/25/the-legalized-theft-that-is-high-frequency-trading/comment-page-1/#comment-38 Daily del.icio.us for July 22nd through July 26th | Vinny Carpenter's blog Sun, 26 Jul 2009 16:02:12 +0000 http://trueslant.com/justingardner/?p=394#comment-38 [...] Justin Gardner – Political Pulse – The Legalized Theft That Is High Frequency Trading &#... – Nearly everyone on Wall Street is wondering how hedge funds and large banks like Goldman Sachs are making so much money so soon after the financial system nearly collapsed. High-frequency trading is one answer. [...] [...] Justin Gardner – Political Pulse – The Legalized Theft That Is High Frequency Trading &#… – Nearly everyone on Wall Street is wondering how hedge funds and large banks like Goldman Sachs are making so much money so soon after the financial system nearly collapsed. High-frequency trading is one answer. [...]

]]> By: Chuck Schumer calls for a ban on “flash trading,” a practice by Wall Street firms that allows them to see stock trades before they hit the market and automatically place their own trades based on that information. Firms who used it made $21 bi http://trueslant.com/justingardner/2009/07/25/the-legalized-theft-that-is-high-frequency-trading/comment-page-1/#comment-35 Chuck Schumer calls for a ban on “flash trading,” a practice by Wall Street firms that allows them to see stock trades before they hit the market and automatically place their own trades based on that information. Firms who used it made $21 bi Sun, 26 Jul 2009 02:20:15 +0000 http://trueslant.com/justingardner/?p=394#comment-35 [...] Chuck Schumer calls for a ban on “flash trading,” a practice by Wall Street firms that a...trueslant.com [...] [...] Chuck Schumer calls for a ban on “flash trading,” a practice by Wall Street firms that a…trueslant.com [...]

]]> By: popurls.com // popular today http://trueslant.com/justingardner/2009/07/25/the-legalized-theft-that-is-high-frequency-trading/comment-page-1/#comment-34 popurls.com // popular today Sat, 25 Jul 2009 21:40:06 +0000 http://trueslant.com/justingardner/?p=394#comment-34 <strong>popurls.com // popular today...</strong> story has entered the popular today section on popurls.com... popurls.com // popular today…

story has entered the popular today section on popurls.com…

]]> By: Justin Gardner - Political Pulse - Will Goldman Sachs Data Theft Scandal Bring Down High Frequency Trading? - True/Slant http://trueslant.com/justingardner/2009/07/25/the-legalized-theft-that-is-high-frequency-trading/comment-page-1/#comment-32 Justin Gardner - Political Pulse - Will Goldman Sachs Data Theft Scandal Bring Down High Frequency Trading? - True/Slant Sat, 25 Jul 2009 18:46:08 +0000 http://trueslant.com/justingardner/?p=394#comment-32 [...] of Goldman Sachs who allegedly stole the code that runs their automated high frequency trading. As I noted earlier today, this is software that allows firms like Goldman Sachs to see trades before they hit the market and [...] [...] of Goldman Sachs who allegedly stole the code that runs their automated high frequency trading. As I noted earlier today, this is software that allows firms like Goldman Sachs to see trades before they hit the market and [...]

]]>