The Philosophy Issue

High Frequency Trading

The hottest thing in global capitalism right now.
The New Speed of Money

The hottest thing in global capitalism right now is HFT (high frequency trading) where dark pools of money roam the financial ecosystem looking for quick kills. Using sophisticated computer algorithms, traders place thousands of orders per second, only to reverse them a few moments later. Sometimes these forays are not designed to actually buy any shares, but only to test the market and glean information about rivals. Traders scramble to gain advantage by moving their computers next to the stock exchange’s own servers, thus cutting transaction times down to millionths of a second.

HFT is a sinister development that escalates the self-destructive impulses of capitalism to a new, dangerous level. It is one of the most obnoxious schemes ever devised for getting money to beget money to beget money to beget money to beget money to beget money to beget money to beget money to beget money to beget money to beget money to beget money to beget money to beget money to beget money to beget money to beget money to beget money to beget money to beget money to beget money to beget money to beget money to beget money .............. ........................................................without end.

Comments on the article “High Frequency Trading”

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John L. Seagul

Interesting documentary (proper) on Money & Speed.

(trailer:

http://www.youtube.com/watch?v=fySPOHpHuig)

John L. Seagul

Interesting documentary (proper) on Money & Speed.

(trailer:

http://www.youtube.com/watch?v=fySPOHpHuig)

secede or bust

Money is getting so inflated that it won't be long until it is meaningless. You won't be able to buy a house, you won't even be able to feed your family. So let them have their scheming - greedy way. It is now where 1% of the people own 80% of the wealth/money. I guess some people can be satisfied with that disparity. That is really the cowards way out. Hide your head in the sand, and everything will be OK. No, the time is nigh to speak TRUTH to POWER. If you can't do that then might as well go take in another NASCAR race, or listen to Rushbo's
hours of lies, or watch cable TV which gives you half programming and half commercials. Hell, most programs ARE one huge commercial, so having all the money in the world isn't gonna buy you twat soon.
( OH by the way Voice of Reason, you DO criticize those who are unemployed, and probably don't even know it...you say " We don't criticize you dickholes for being unemployed wanker fucks." That IS criticism!)

secede or bust

Money is getting so inflated that it won't be long until it is meaningless. You won't be able to buy a house, you won't even be able to feed your family. So let them have their scheming - greedy way. It is now where 1% of the people own 80% of the wealth/money. I guess some people can be satisfied with that disparity. That is really the cowards way out. Hide your head in the sand, and everything will be OK. No, the time is nigh to speak TRUTH to POWER. If you can't do that then might as well go take in another NASCAR race, or listen to Rushbo's
hours of lies, or watch cable TV which gives you half programming and half commercials. Hell, most programs ARE one huge commercial, so having all the money in the world isn't gonna buy you twat soon.
( OH by the way Voice of Reason, you DO criticize those who are unemployed, and probably don't even know it...you say " We don't criticize you dickholes for being unemployed wanker fucks." That IS criticism!)

MD

http://www.youtube.com/watch?v=YFQm5O_02PE

Where have you guys been? This is old news. Unfortunately, no one is listening. This is de facto insider trading in that those with the cash (lots and lots of it) can pay to have information sent to their computers several milliseconds before those who don't pay. Its insidious and no one cares. They're too busy roaming the aisles at Best Buy and Ikea.

MD

http://www.youtube.com/watch?v=YFQm5O_02PE

Where have you guys been? This is old news. Unfortunately, no one is listening. This is de facto insider trading in that those with the cash (lots and lots of it) can pay to have information sent to their computers several milliseconds before those who don't pay. Its insidious and no one cares. They're too busy roaming the aisles at Best Buy and Ikea.

Raph

They shouldn't make it sound like it's a new scheme, it's only a way to replicate the same old scheme through new technology. Insiders and Big Finance have always had the upper hand. True in 1800's, true today.

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