Posted 1 month ago on Jan. 13, 2014, 12:11 p.m. EST by shooz
This content is user submitted and not an official statement
"By Alexander Reed Kelly
A dark shroud envelops the globe every time technology moves forward. If the right people aren’t in power—and they almost never are—the untried shadows present a risk-free opportunity for those close to the action to take advantage of nearly everyone else. In the absence of sufficient regulatory will and sophistication in the bureaus tasked to oversee markets, this is what the opaque marriage of computers, Wall Street and high-level math has made possible over the last decade in the form of high frequency trading: the back and forth exchange of huge volumes of complex stocks and bonds in as little as a millionth of a second."