Apr 28, 2015
Hot Topics in Tech: How did Bloomberg fix its terminal outage? Virtu or vice? Fund managers face dilemma over speed-trading IPO. Parasite turns on parasite: HFT sues other HFTs for "egregious manipulation" of treasury securities. DE Shaw, Citadel urge CFTC to allow anonymous swaps trades.
The Inbox: Listener questions and comments
- Question from Andrew Hale - How about a segment where you guys review trading apps? I would certainly tune into that.
- Comment from Joe Riggs - Love the story about the armada of HFT battleships from the last episode. I have heard some crazy things about HFT over the past year, but this is definitely the craziest. Can you imagine all the big players launching ships to try to claim the waters near the midpoint of the exchanges? My mind keeps going back to the old Barbary pirates - this is the modern day version. I think international fleets would be assembled to disperse this modern day threat to market integrity. Amazing! Sounds like the starting point for a great novel. Trouble is no one would believe it.