The *NEW* Frank Coluccio Technology Forum Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : The *NEW* Frank Coluccio Technology Forum

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Frank A. Coluccio who wrote (30569)	7/11/2009 4:24:08 PM
From: axial	Read Replies (2) of 46821

Apologies, Frank. I jumped the tracks. For readers who may not understand what's involved here, this site may be of assistance: nuclearphynance.com and this link: nuclearphynance.com "It’s a fairly complex trade where a single book can consist of hundreds (thousands) of positions. For this reason, one needs to have a certain amount of back-office and risk management capability to make it worth one’s while." "Dispersion traders can come into a single stock and sometimes sell signifcant [sic] vegas (read: millions) before anyone knows what is happening." --- This isn't the place to explore possible linkages between futures, HFT and dispersion trading. HFT isn't exclusive to Goldman Sachs. Someone who has written extensively on the associated issues is Rick Bookstaber, most recently with *A Demon of Our Own Design: Markets, Hedge Funds, and the Perils of Financial Innovation* His blog refers to HFT here; comments are worthwhile reading too: The Arms Race In High Frequency Trading rick.bookstaber.com --- The questions in this area all go to the greater issue: systemic risk in finance and the economy. Technology is a key accelerant, and the part it plays shouldn't be ignored. Jim

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next