Forbidden Knowledge TV
Alexandra Bruce
August 10, 2012
You may not be familiar with “high-frequency trading,” the con art of selling and buying shares of stocks in milliseconds. But it’s now getting scrutiny.
Hedge funds, and other elements of the financial services industry, have invested billions in ultra-high-speed — and rent-seeking — computer trading platforms.
At no time in the history of markets have we had such a step change in the speed of trading due to technological advancement.
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