Friday, October 2, 2009

The Daily Show Explains High Frequency Trading

Joe Saluzzi of Themis Trading who has done an absolutely brilliant job highlighting how high frequency trading (HFT) by the likes of Citadel, Goldman Sachs and Renaissance Technologies is distorting equity markets, has this must watch video posted on their blog. As usual the Daily Show does a brilliant job capturing the essence of HFT.
And for all you folks who would like to know more about how you are losing your money to HFT please read Joe Saluzzi’s spectacular piece Toxic Equity Trading Order Flow on Wall Street.

The Daily Show With Jon StewartMon - Thurs 11p / 10c
Cash Cow - High-Frequency Trading
Daily Show
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