Treasury Secretary Mnuchin recently blamed high frequency trading and the Volcker Rule for recent volatility in the markets. While I love to see high ranking…
Tag: hft
Oliver Renick and I had a good discussion about what caused (and didn’t cause) the equity market sell off in October 2018. I’m a market…
Originally posted on the Greenwich Blog There is a tremendous amount of irony in the path high-frequency trading – excuse me, principal trading firms have…
My conversation with Bloomberg TV following the overnight volatility spike of the Pound. And no, I really don’t want to call it a “flash crash”.
Below is the press release for my most recent paper examining changes in the global FX market. The bottom line: big banks will continue to…
On the heels of the Senate hearing into high speed trading, I joined Sal Arnuk from Themis Trading on Bloomberg TV to discuss the best…
Bloomberg TV’s Market Maker’s program had a great segment on why people cheat on everything. I was lucky enough to discuss with them the role…
First KCG and now Virtu. In 2008 no one would have guessed that in 2014 automated trading firms would be publicly traded companies – but…
The CFTC is great at sending emails out at inopportune times. In this case it was the 13 no-action letters sent between December 20th and…
The presence of principal trading groups (PTGs) in the exchange-traded derivatives market, and their absence in thecredit and rate swaps markets, are both the cause…