22: Basically, no-one knows if HFT is good or bad.

Ephemera

BLACK LIVES MATTER. RESIST FASCISM.

Get in touch: [e-mail] https://www.patreon.com/ephemerapodcast

http://storiesfromtheinter.net/about http://storiesfromtheinter.net/zine

Audio engineering is generously provided by Miguel Tanhi of Much Different NY, a live podcast recording venue in Brooklyn, NY.

---

FURTHER READING:

http://www.nanex.net/aqck2/4436.html

https://ir.virtu.com/press-releases/press-release-details/2013/Study-of-Federal-Reserve-Announcement/default.aspx

http://www.nanex.net/aqck2/4441.html

https://sniperinmahwah.wordpress.com/2013/12/04/the-fed-robbery-new-evidence/

https://www.quincy-data.com/fed-robbery-revisited/ 📖Michael Lewis - Flash Boys

📖Dark Pools And High Frequency Trading For Dummies

📖Haim Bodek - The Problem With HFThttps://www.theatlantic.com/business/archive/2014/02/high-speed-trading-isnt-about-efficiency-its-about-cheating/283677/

A Guardian Business profile of Hunsader and Nanex:https://www.theguardian.com/business/2014/jun/07/inside-murky-world-high-frequency-trading

https://www.bloomberg.com/news/articles/2013-06-06/how-the-robots-lost-high-frequency-tradings-rise-and-fall

http://noahpinionblog.blogspot.com/2014/04/no-one-really-knows-if-hft-is-good-or.html On SIP timestamps: http://www.nanex.net/aqck2/4599.html

https://sevenpillarsinstitute.org/wp-content/uploads/2017/11/Laure-Madonna-High-Frequency-Trading.pdf

ADDITIONAL ECONOMICS READING:

📖 Markus Brunnermeier - Asset Pricing Under Asymmetric Information

A discussion on Hide Not Slide:https://www.wsj.com/articles/SB10000872396390443989204577599243693561670

A late analysis of HFT firms between the miracle millisecond and today. The citations at the bottom were particularly helpful in my initial research:https://www.investopedia.com/articles/investing/091615/world-high-frequency-algorithmic-trading.asp

On “Dodging Robin Hood”: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2389166

🎥Adam Curtis - All Watched Over By Machines Of Loving Grace(2011)🎥

🎥Margin Call (2011)🎥