Tag Archives: NY Times

The New Speed of Money, Reshaping Markets (NY Times)

Great feature piece originally printed in the Sunday Business section of the times examining both the drivers and requirements for high speed trading.  The article cites TABB Group’s estimate for high frequency trading in the US equity market (56%) and includes a few of my comments. According to Kevin McPartland of the TABB Group, high-frequency… Read More »

Senator Warns of ‘Populist Fervor’ Against Wall St. (NY Times)

Senator Gregg is standing up for Wall Street – a little shocking.  He is a Republican and they tend to be pro-bank, but politics have kept most in DC from saying anything nice about financial services firms.  My comments here focus on the linkage (or lack thereof)  between execution and clearing and how most can’t… Read More »

Senator Seeks to Limit Banks’ Role in Derivatives (NY Times)

The Senate has its own version of the Lynch Amendment passed by the House in December courtesy of Rep. Brown.  I understand the general concern of leaving too much power with the dealers, but limiting their investment in crucial market venues will ultimately limit competition and innovation.  My quote in the article: “I can’t imagine… Read More »