Tag Archives: Flash Boys

Flash Boy broker struggles to be an exchange

Flash Boy broker struggles to be an exchange

This just goes to show you how corrupt all the exchanges are ganging up against probably the only ‘fairest’ new broker who wants to be part of the party. The rest of the ‘monopolistic exchanges’ only care about their pay to play for better access to their feeds.

Investigators for the Securities and Exchange Commission and Justice Department get so many e-mails they can’t possibly review them all without using Control-F, said Reed Brodsky, a partner at Gibson, Dunn & Crutcher LLP who prosecuted Rajaratnam when he was with the U.S. Southern District.

Bats Global Markets Inc. has changed its mind about IEX Group Inc.’s controversial proposal to become a U.S. stock exchange.

To read the entire article, go to http://bloom.bg/1V7KKMC

Join my FREE newsletter to learn if there are any fairer ways to play the markets with automated trading 

NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!

Flash Boys HFT movie coming

Flash Boys HFT movie coming

Yes Michael Lewis does not know a whole lot but Brad K will be the lead character. That is  ok

Flash Boys: The American Story You May Never See

Join my FREE newsletter when I announce my consulting services for this new movie 

NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!

Flash Boys HFT doing US Treasury

Flash Boys HFT doing US Treasury

Another dangerous game those pesky operators are taking place in

In a flash, the bond market went wild.

To read the entire article, go to http://bloom.bg/1CAuZn7

Join my FREE newsletter to learn more how to apply HFT

NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!

Flash Boys HFT: Not so Fast book

Flash Boys HFT: Not so Fast book

Interesting book from the inside instead of the other book.

http://www.tradersmagazine.com/news/technology/book-excerpt-flash-boys-not-so-fast-113462-1.html

Join my FREE newsletter to learn more about HFT via algo trading

NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!

From Bloomberg: What is next for HFT aka high frequency trading? It is more friendly due to that Flash Boys book?

From Bloomberg: What is next for HFT aka high frequency trading? It is more friendly due to that Flash Boys book?

Interesting commetary from this video on Bloomberg

Watch this http://bloom.bg/1t3S2AS What Comes Next for High Frequency Trading?Nov. 17 (Bloomberg) — Vlad Khandros, head of Americas market structure and liquidity strategy at UBS, talks about changes in high frequency trading and dark pools. He speaks on “Market Makers.” (Correct’s guests’s title.) Download the FREE Bloomberg TV+ iPad app from http://itunes.apple.com/app/bloomberg-tv/id460459302&mt=8

 Join my FREE newsletter to learn more about HFT

NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!

Fight of the century? Flash Boys HFT mavericks of Marcos López de Prado vs Manoj Nerang

Fight of the century? Flash Boys HFT mavericks of  Marcos López de Prado vs Manoj Nerang

Oh this would be good. I hope Manoj brings bang aids as he will need it

Thanks to Sholom for sending

http://origin.library.constantcontact.com/download/get/file/1102697469375-93/Annual+Conference+2014+Program_sm.pdf

Join my FREE newsletter to see how this will play out 

NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!

Thanks to Dr Ernie Chan, Interactive Brokers offers Flash Boys IEX exchange as part of HFT debate

Thanks to Dr Ernie Chan, Interactive Brokers offers Flash Boys IEX exchange as part of HFT debate

After seeing Dr Ernie Chan a few days ago, he informed me that Interactive Brokers will now support IEX. Big thanks to him for notifying me on it!

Interactive Brokers to offer customers use of “Flash Boys” IEX exchange in response to HFTs debate

http://blogs.marketwatch.com/thetell/2014/04/03/interactive-brokers-to-offer-customers-use-of-flash-boys-iex-exchange-in-response-to-hfts-debate/

Join my FREE newsletter to see what the insiders like Ernie Chan are saying 

NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!

Michael Lewis of Flash Boys and IEX on Bloomberg TV: It is confirmed Programmers Have Replaced Traders because of quant and HFT

Michael Lewis of Flash Boys and IEX on Bloomberg TV: It is confirmed Programmers Have Replaced Traders because of quant and HFT

This is confirmed on what I was saying despite think I was off my meds! (see the video below)  Ba ha!!

Sent from Bloomberg TV+ for iPad

Watch this http://bloom.bg/1pUS0fI

Michael Lewis: Programmers Have Replaced Traders
April 3: “Flash Boys” Author Michael Lewis and IEX President and CEO Brad Katsuyama discuss information tech on Wall Street.

Download the FREE Bloomberg TV+ iPad app from http://itunes.apple.com/app/bloomberg-tv/id460459302&mt=8

Join my FREE newsletter to see how we proceed with this 

NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!

Bloomberg TV: AWESOME Heated HFT debate between IEX, Manoj Narang of Tradewerx and Michael Lewis of Flash Boys book about Goldman Sachs

Bryan What a whirlwind in the last 24 hours:

 

Bloomberg: AWESOME Heated HFT debate between IEX, Manoj Narang of Tradewerx and Michael Lewis of Flash Boys book about Goldman Sachs 

 

Here Fishy Fishy:

 

Haha! Funny timing on how Goldman Sachs is selling market making business after FBI investigating predatory practices in HFT 

 

More info on our grand Manoj here:

 

Is Manoj Narang of Tradeworx trying to be the unspoken official rock star of quant and HFT?

 

Of course, how could I forget:

 

Open source automated trading system Tradelink with Glean may have died but here are some forks with full FREE source code

 

More forks (not knives as we don’t want anyone to get hurt ;->)

 

DotNet open source automated trading system Tradelink with Glean is dead. Here are some forks with source code |
Technical forum | Forum
Want to learn on how to build this software and use it?

 

Open Source Trading Platform Development

 

I want to hear from you on this stuff especially about our wonderful friends in that NYC investment bank with a building of no name aka Goldman Sachs,

 

Bryan

NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!

More HFT commentary on the HFT markets are ‘rigged’ thanks from Michael Lewis Flash Boys author

More HFT commentary on the HFT markets are ‘rigged’ thanks from Michael Lewis Flash Boys author

Sorry about the bad typing and grammar as I bang this out in real time:

From Bloomberg TV:

Arthur Levitt:

Many don’t believe the markets are rigged. His book is hyperbole. The markets are cheaper and faster. Acknowledges there are problems.

It is accused that liquidity is hindering.

Rep. Scott Garrett of New Jersey

No need for further regulation.  Too much regulation already where speed gives you an edge.

Virtu was mentioned with 1 day of down day.  How does one go up against computers?

Levitt:

SEC is looking at the rules of 15 years to modernize. He is skeptical about there are some deficient HFT trading operations.

Half of all US equities is traded by HFT. How to regulate which does not squash the technology?

Garrett: SEC needs market structure reform. Things have changed in 15 years. First do no harm with the hearings. Do not make the system worst looking at empirical data not based on some book.

Levitt: Number of programs to test in trade in fractions vs decimal. Need balance and stifle ideas but protect investors.

Garrett: SEC is now on board with pilot programs coming.

My take:

Good job on this reportin instead of listening to some chatter box author but don’t forget these politicians could be bought with the heavy lobbying from the financial industry. Who knows where this goes?

Join my FREE newsletter to see where this goes

 

NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!