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Technology Stocks : The *NEW* Frank Coluccio Technology Forum -- Ignore unavailable to you. Want to Upgrade?

To: Frank A. Coluccio who wrote (30725)	7/23/2009 8:24:07 PM
From: axial	Respond to of 46821

Frank, several aspects of this matter deserve scrutiny, including the way in which it was handled. However at the center of HFT, algos, Wall Street and Goldman Sachs lies a culture with a corridor to Washington, just as in telecomms. In the current environment, meaningful resolution is a low-probability outcome. I'm reminded of the old joke, to which the punch line is "But it's the only game in town!" Jim

To: Frank A. Coluccio who wrote (30725)	7/24/2009 6:45:06 AM
From: axial	Read Replies (2) \| Respond to of 46821

Traders Profit With Computers Set at High Speed '“You want to encourage innovation, and you want to reward companies that have invested in technology and ideas that make the markets more efficient,” said Andrew M. Brooks, head of United States equity trading at T. Rowe Price, a mutual fund and investment company that often competes with and uses high-frequency techniques. “But we’re moving toward a two-tiered marketplace of the high-frequency arbitrage guys, and everyone else. People want to know they have a legitimate shot at getting a fair deal. Otherwise, the markets lose their integrity.”' nytimes.com Jim