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A comment on Einstein and the Great Fed Robbery. Parent comment

Re:Einstein and the Great Fed Robbery by mcphilip on Friday September 20, 2013 @04:19PM (#6420244)
>People think it's complicated because of all the FUD (c.f. the comments on this story), but the basic mechanics of how a modern exchange operates are remarkably simple.

I'm referring to market microstructure in terms of the complex interactions amongst exchanges, the impact of Reg NMS, etc. Obviously the underlying algorithms can be boiled down to simple components.

For those interested in learning something about market microstructure, I highly recommend "Trading and Exchanges: Market Microstructure for Practitioners" as an introduction to the basics:

http://www.amazon.com/Trading-Exchanges-Market-Microstructur...

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Re:Einstein and the Great Fed Robbery by saraid216 on Saturday September 21, 2013 @03:47PM (#6424191)
> I'm referring to market microstructure in terms of the complex interactions amongst exchanges, the impact of Reg NMS, etc.

I've heard that the financial interconnections are remarkably similar to ecologies. Would be interesting to get some more of that tooling for analyzing ecologies like fisheries available to financial regulators.

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