Naturally. Read more »
Nasdaq Will Have to Stick to Just Running an Exchange (And Whatever Else It’s Doing to Make Three-Quarters of Its Money)By Jon Shazar
SEC Is Going To Take Your High Frequency Trading Algorithm, Run It On A Commodore 64, See If It Crashes The MarketBy Matt Levine
After decades of responding to tips about fraud by writing notes on napkins and then throwing them away, the Securities and Exchange Commission finally got itself some computers and is excited to put them to use. Legitimate use. First up: figure out if maybe the computers are in fact the problem.
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The firm’s flagship fund has lost $2 billion over the past month as a result of a “bullishly positioned portfolio.” Read more »