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Stock Market Manipulation By Millisecond Trading

Posted by kdawson on from the other-people's-money dept.

cfa22 writes "Nice piece in the NY Times today on ultra-fast trading on the NYSE and other markets. The 'algos' that make autonomous trading decisions have to be fast, but I wonder: Is network speed ever a bottleneck? Can anyone with inside experience with millisecond trading provide some details for the curious among us regarding hardware architectures and networking used for such trading systems?" According to the article, high-frequency traders generated about $21 billion in profits last year.

2 of 624 comments (clear)

  1. first by Anonymous Coward · · Score: -1, Offtopic

    yay!

  2. Free Market working A-OK by Anonymous Coward · · Score: -1, Offtopic

    This is how the free market works and you are certainly free to set up a competing system. Get over your jealousy already people!