Alogrithm

The New York Times, in a fantastic piece today, writes about the changing profile of the Wall Street Trader. The new traders — coders with Ph.D –rely on massive computers, alogrithms and exotic strategies by extracting money using exchange-traded funds. ETFs, to me are a sign that Wall Street is not about people. Instead it is bots … Continue reading WallStreet, Machines & New Market Reality