The market again has trouble not holding near S&P = 944ish. But not for a lack of trying! We witness each day the interpretation of data to be bullish (whether we agree or not), and we witness each day the post – 3:00pm program buying. The volume is light. It takes little to swing the [...]
I recently went to my doctor to get a check of my heart. We did a few examines including a stress test. The doctor hooked me up to a bunch of electrodes and had me get on the treadmill. Once I reached my target heart rate, he stopped the test. I believe that based on my [...]
The SEC has weighed in questioning the legality of these orders (http://www.tradersmagazine.com/news/-103830-1.html), yet Nasdaq and our self regulating market centers continue to implement them. What are these order types?
Imagine you are a mutual fund who wants to enter an order to buy 500,000 shares of JNPR at 24.30 (only showing 500 shares of it to [...]
HFT roundtable
I attended a roundtable discussion this morning titled “High Frequency Trading: The New World Order”. In case you are not familiar with the subject, high frequency trading is the hottest thing in the equity market right now. Over 60% of equity volume comes from HFT. Basically, HFT’s are computers that execute trades with extremely low [...]