~~~

Source:
Wall Street: The Speed Traders
October 10, 2010 5:45 PM
http://www.cbsnews.com/video/watch/?id=6945451n#ixzz125dskT1S

Video Extra

Category: Trading, Video

Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data and lack of respect for scientific knowledge. Be sure to create straw men and argue against things I have neither said nor implied. If you could repeat previously discredited memes or steer the conversation into irrelevant, off topic discussions, it would be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.

5 Responses to “Robot Traders of the NYSE”

  1. swag says:

    And here’s the Bobblespeak Translation of the episode: http://moonshinepatriot.blogspot.com/2010/10/60-minutes-october-10-2010.html

  2. Carse says:

    Maybe you should try to learn about writing one? Can’t beat em — join em.

    well it does take a little bit of smarts to write a good one. And lots of money to get it on a really fast system.

  3. well it does take a little bit of smarts to write a good one. And lots of money to get it on a really fast system.

    So you’re saying it takes money to take money?

  4. Carse says:

    So you’re saying it takes money to take money?

    I believe FXCM is holding a ROBOT trading competition, best bot wins $10,000, I’m entering a bot in the competition. The kicker is the starting amount is $1,000

  5. Carse says:

    The diff is speed and liquidity. So do automated robots gain an edge in grabbing liquidity? Probably a good research topic.