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Kor Group Founders Christopher Nagy & Dave Lauer Talk Market Structure, High Frequency Trading
Wednesday, March 26, 2014 - 12:06pm | 826The Benzinga #PreMarket Prep Show recently had a chance to chat with Christopher Nagy and Dave Lauer of the KOR Group LLC on Friday, March 21. Nagy, co-founder of KOR, is a 25 year veteran of Wall Street with stints at TD Ameritrade, US Bank and Lehman Brothers. Nagy served on the board of...
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13 Things Investors Learned In 2013 - Part II
Monday, December 30, 2013 - 1:12pm | 1198In the first installment of "The 13 Things Investors Learned in 2013," the fact was explored that the U.S. stock market was the best/only place to be this year. The idea was discussed that the periodic crisis-driven dives that had plagued the market for the previous four years failed...
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Information Arbitrage on High Frequency Trading Tactics
Wednesday, October 23, 2013 - 1:14pm | 58Dennis Dick, CFA discusses “Information Arbitrage” at the Bright Trading school in Las Vegas. Topics include high frequency trading, informed and uninformed order flow, HFT strategy, and tactics for more efficient order execution. Check out the video below for a recap of the discussion.
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SIP On This Idea: The NASDAQ Freeze Didn't Cause A Brain Freeze
Monday, August 26, 2013 - 10:40am | 1031The Nasdaq “Flash Freeze,” that halted the entire US equity and US equity option markets for roughly three hours last Thursday, August 22, has been a lightning rod for anyone and everyone that has been chomping at the bit to attack both the US regulatory system and high frequency trading (HFT). Is...
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Chicago Mercantile Exchange Trying to Clean Up Its Act on Wash Trades
Sunday, July 21, 2013 - 6:44pm | 723By: Bryan Wiener The Commodity Futures Trading Commission (CFTC) recently reached out to the trading community requesting feedback concerning a Chicago Mercantile Exchange (CME) proposal to update its own rule governing “wash trades” in its Globex electronic marketplace. Specifically, the public...
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HFTs Disrupt Three Stocks at Open (BNS, PGR, NYT)
Thursday, June 6, 2013 - 10:48am | 390Three stocks saw irregular trading at the open on Thursday as high-frequency trading computers reacted to a plethora of macro news emanating out of Europe as well as economic data domestically. The three stocks in focus are Bank of Nova Scotia (NYSE: BNS), Progressive Insurance (NYSE: PGR), and...
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These Comments Won't Get Mark Cuban Invited to Any Wall Street Parties
Friday, April 26, 2013 - 8:52am | 604Mark Cuban was—well—Mark Cuban on Thursday. The billionaire entrepreneur, investor and owner of the Dallas Mavericks, isn't one to edit his words and he certainly didn’t do it Thursday during a CNBC interview. First, some background. Worth a reported $2.4 billion, Cuban didn’t make his riches...
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This One Fact is Poetic Justice for the High Frequency Trading Haters
Wednesday, April 10, 2013 - 8:22am | 543Editor's note: This piece is the first segment in a series on High Frequency Trading (HFTs). To view the first piece, click here. Some would call it poetic justice. The high frequency trading business is in trouble and depending on who you ask, that will either make for more orderly markets or...
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What is High Frequency Trading?
Tuesday, April 9, 2013 - 8:54am | 590Editor's note: This piece is the first segment in a series on High Frequency Trading (HFTs) HFT is the acronym that much of the trading community loves to hate. If statistics are correct, it accounts for the overwhelming majority of market volume every day. It’s also so complex and secretive that...
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The New High Frequency Trading Landscape: Man Versus Machine
Tuesday, June 26, 2012 - 8:22am | 1275Last week, 11 financial and Wall Street firms, including the Security Traders Association and NYSE-Euronext issued statements on future practices for fair markets. Perhaps not surprisingly, the subject of high frequency trading came up as a prominent issue affecting today's trading exchanges....
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Premarket Stock Talk: Turnaround Tuesday, Can 1300 Hold?
Tuesday, June 12, 2012 - 8:46am | 134Listen to today's Premarket Stock Talk here. What a sell-off yesterday, with a short-lived rally up until everyone came in with their selling shoes. The guys over at Pre Market Info analyze today's levels, Apple's (NASDAQ: AAPL) news, opportunity for shorts in Microsoft (NASDAQ: MSFT), and "...
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Premarket Stock Talk: Men's Wearhouse, Get On Your Yoga Pants (MW, LULU, XOM)
Thursday, June 7, 2012 - 8:50am | 146Listen to today's Premarket Stock Talk here. Today's Premarket Stock Talk has been brought to you by a "heck of a two day run," complete with analysis on Morgan Stanley's (NYSE: MS) move from $12.25 to past $14, Exxon Mobil (NYSE: XOM), Lululemon's (NASDAQ: LULU) yoga domination and the potential...
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Premarket Stock Talk: Tempur-Pedic Slammed, QE3 Rumors (TPX)
Wednesday, June 6, 2012 - 8:46am | 100Tempur-Pedic (NYSE: TPX) is getting laid out in early trade, and the markets are rallying as rumors of QE3 fly. Tune into today's Pre Market Info webcast here. Join Benzinga Radio and Pre Market Info every Tuesday through Thursday for access to Pre Market Info's Premarket Stock Talk, a detailed...
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High Frequency Trading is an Arms War!
Thursday, September 22, 2011 - 3:35pm | 397The high frequency trading industry is engaged in an arms war. Algorithmic, low-latency trading now accounts for roughly 70% of the volume in U.S. equity markets. Basically, the robots are in control, and they are fighting for fractions of pennies, but doing it millions of times a day. The firms...
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High Frequency Trading Strikes Again: QUALCOMM Gets Hit
Friday, August 5, 2011 - 4:05pm | 633Add another victim to the long list of high frequency trading (HFT) raids. Earlier in today's session, shares of QUALCOMM (NASDAQ: QCOM) got crushed, as computer programs loaded up the sell side and took out a huge number of bids, wreaking havoc on the stock in the process. At 9:54am, shares...