September 26th, 2011
The Bankster Blankfein Brunch
USA: High Frequency Trading (HFT) has become the order of the day on Wall St resulting in estimates of +/-60% of all trading. Powerful Computer Servers using algorithms make many small fast trades, tiny increments of value add up quickly to millions, and millions, and millions.
Goldman Sachs is among the banks and hedge funds using this method - here is CEO Lloyd Blankfein just as he is meeting with a prospective client … on HFT Thursday …
More info?
High-Frequency Trading ‘Negative’ for Stocks: Marvin Schwartz
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