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Work On Wall Street? Here’s Why You Should Hate HFT – Santelli’s Take On...
Yesterday’s #Hash-Crash has brought the tough reality of just how entirely mechanized the so-called equity ‘markets’ have become in the US to every mom-and-pop who watch nightly news. Mainstream media...
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1215095 – The Flash Boys Mystery Solved
Submitted by Sal Arnuk and Joe Saluzzi via Themis Trading, The blog posts and defenses of high frequency trading in the past week have come with dizzying high frequency. They have taken the form of...
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US Taxpayers Pay For SEC To Arrange Early Release Of Data To HFTs
Submitted by Sal Arnuk & Joe Saluzzi, via Themis Trading, The SEC reportedly does not like trading on information that is not yet public. Just ask SAC Capital, or if you prefer, watch the plethora...
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The Day The Market Crashed – The Sequel
Via Joe Saluzzi and Sal Arnuk of Themis Trading, In August 2013, the Nasdaq SIP broke and trading in Nasdaq stocks was halted for 3 hours. Yesterday, at 1:07 PM ET, the NYSE SIP broke but trading...
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“Hedge!!”
Submitted by Adam Taggart via PeakProsperity.com, Q: How do you make a small fortune on Wall Street? A: Start with a large fortune. ~ old investing adage Last fall, I wrote an article titled Defying...
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Fundamentally Flawed Markets & The Grey Area Between Cheating And Edge
Submitted by Ben Hunt via Salient Partners' Epsilon Theory blog, Always confess to a small crime if you want to hide the big stuff. I remember reading this in a Robert Heinlein sci-fi novel when I was...
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The Stunning Comparisons Between The “Flash Crash” Of August 24, 2015 And May...
Following today’s stunning not one but countless flash crashes, many have asked: just how was the flash crash of August 24, 2015 different from that of May 6, 2010. The answer is shown in the Nanex...
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Was Monday’s ETF Collapse Just A Warmup?
Back in March, Howard Marks offered the following rather straight-forward assessment of exchange traded funds: “The ETF can’t be more liquid than the underlying, and we know the underlying can become...
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The Letter That Stock Exchanges Should Write To Investors
Submitted by Joe Saluzzi via Themis Trading, Below is a letter that we think the stock exchanges should be sending to investors: Dear Investors, The last few weeks have exposed that our equity markets...
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Price Discovery – R.I.P.!
Submitted by David Stockman via Contra Corner blog, That was quick. With practically of the Brexit loss recovered in four days and the market now up for the quarter and the year, what’s not to like?...
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