Re:Algorithms take control of Wall Street
by mediaman on Sunday January 09, 2011 @11:47PM
(#2087516)
That's odd; Felix Salmon writes almost exclusively for the financial industry, and used to run his own blog. Reuters hired him for his finance industry audience. It's surprising that he would make elementary errors regarding his industry of primary coverage.
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Re:Algorithms take control of Wall Street
by ggruschow on Monday January 10, 2011 @04:42AM
(#2087978)
It's easy to be wrong when it's so hard to make out what's right. Algorithmic traders are unusually secretive about their modes of operation. The primary knowledge dissemination mechanism is via employees moving.