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High Frequency Trading (HFT) is a method used by financial institutions whereby stocks are traded in fractions of a second. The traditional means of buying and selling required bankers to manually decide whether or not something was a good investment in the (semi) long run.
In the media
Ilana Glazer
If you've got debt and die tomorrow, don't assume it will disappear. Chances are, it will eat into the assets you may be planning to leave your heirs and may even wipe out your estate.
In the media
Michelle Crouch
You may have seen a big outbreak in the academic literature and business media of defenses of liquidity for liquidity’s sake, evidently prompted by increased interest in and in the EU, implementation of transaction taxes as a way to tame speculation and secondarily raise revenues.
In the media
Yves Smith
One of the arguments used by climate deniers is that the earth is actually in the middle of a cooling period, despite recent record temperatures. In fact, there was a period of cooling but as a new study shows, we are in the middle of a dramatic U-turn and are now experiencing a heat spike.
Blog
J. Mijin Cha
It's been a big month for changing the narrative protecting big banks from prosecution and regulation.
Blog
Joseph Hines
Demos released a new report showing how the rise of high frequency trading (HFT) comes at a massive cost to the real economy, despite Wall Street’s claims to the contrary.
Press release/statement
Another monthly jobs report is in, and the results are better than most people expected: 236,000 new jobs were created last month. That's the best economic news we've heard in a while.
Blog
David Callahan
Attorney General Eric Holder made it official in testimony before the Senate Judiciary Committee: Some banks are so big that criminal prosecution poses an unacceptable danger to the U.S. and world economies. This is not Holder's opinion alone. In the past, the Justice Department has consulted with
In the media
Wallace C. Turbeville
While recent CBS and Gallup polls show that most Americans remain divided over whether or not the recent sequestration cuts are in fact negative, many low-income families are already bracing for their impact. SNAP benefits and the Children's Health Insurance Program may be safe, but WIC benefits and
Blog
Ilana Novick
During an appearance on CNBC yesterday, Charlie Munger, deputy to billionaire investor Warren Buffett, had some harsh words for high-frequency trading, the practice used by huge financial firms to trade stocks in milliseconds. “Take the rapid trading by the computer geniuses with the computer
In the media
Pat Garofalo