High-Speed Traders Beat Laws of Physics, Steal 5 Milliseconds From Fed

A week ago, the Federal Reserve announced something or another about bonds, a move that sent the bond market into a frenzied orgy of bond loading and unloading. So what, right? The markets quiver whenever the Fed does anything. Well, weirdly, it appears the information got out five milliseconds early. Which wouldn't… » 9/25/13 12:30pm 9/25/13 12:30pm

How High Speed Traders Use Microwaves to Make Money

The days of traders shouting orders on the New York Stock Exchange's floor may soon be over. A new breed of investing, known as High Frequency Trading, has taken hold of the equities market—one that relies on computerization and automation to exploit momentary price changes for an investor's financial gain. And where… » 5/02/13 11:30am 5/02/13 11:30am

How the Technology Behind Nanosecond Trading Could Make Markets Go…

The afternoon of May 6, 2010 was among the strangest in economic history. Starting at 2:42 p.m. EDT, the Dow Jones stock index fell 600 points in just 6 minutes. Its nadir represented the deepest single-day decline in that market's 114-year history. By 3:07 p.m., the index had rebounded. The "flash crash," as it came… » 2/16/12 9:40am 2/16/12 9:40am