Links 2014.04.02
Businessweek: What Michael Lewis Gets Wrong About High-Frequency Trading (via)
An interesting quote:
That year [2012] ... the entire speed-trading industry made about $1 billion, down from its peak of around $5 billion in 2009. That's nothing to sneeze at, but it isn't impressive once you put it into context: JPMorgan Chase (JPM) made more than $5 billion in profit in just the last quarter.
{2014.04.02 20:56}
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