HFT: High Frequency Trading Explained (Paddy Hirsch Video)

I still don't believe HFT to be the monster that some claim.  Nonetheless here's an easy-to-follow primer from Marketplace's Paddy Hirsch.

Watch

Comments

[DailyBail]

NYSE Comments on HFT from today:

http://exchanges.nyse.com/archives/2009/08/hft.php

[mark mchugh]

GE at $24? how old is this?

[mark mchugh]

Know what I do sometimes when I'm bored? Deliberately place a big limit order (well, big for me), and cancel it before it gets executed. Just my little way of stickin' it to the man. I wonder what would happen if some big players did that.

I agree with you DB. These websites (I won't name them) that devote their lives to this are tilting at windmills, and don't grasp the real meaning of injustice. But hey, whatever sells caps and t-shirts....

[James H]

"Know what I do sometimes when I'm bored? Deliberately place a big limit order (well, big for me), and cancel it before it gets executed. Just my little way of stickin' it to the man. I wonder what would happen if some big players did that.

I agree with you DB. These websites (I won't name them) that devote their lives to this are tilting at windmills, and don't grasp the real meaning of injustice. But hey, whatever sells caps and t-shirts.... "

Two tasty little nuggets in one post. Mmm. Tasty.

[Ken]

My Fellow Americans

Do you get it now or not?

We the working class (So called Middle Class) Have been scammed by biggest MORTGAGE PONZI SCAM by Federal Reserve Banker Thugs /Walls Street Shills

Also Corporate Crooks have looted our Pensions with Zero Cost Back Dated stock option crimes and shipped our Industrial base & Jobs to Asia.

Federal Reserve Banker Thugs/Wall Street Shills/Corprate Crooks = HOME GROWN FINANCIAL AL QAEDA

Washington= DEMON_RATS & REPO-CONS =Politicians in Washington DC have worked for the HOME GROWN FINANCIAL AL QAEDA .

or this way to understand:

The Washington Criminal Blood Sucking Pests (SENATE & CONGRESS)+PRESIDENTS starting with BILL CLINTON/BUSHES/Now CHICAGO MOB SHILL(OBAMA) have sided with the HOME GROWN FINANCIAL AL QAEDA

My fellow Americans: remember it is our Blood Sweat TAX Dollar Credit card the HOME GROWN FINANCIAL AL Qaeda is using at Zero Percent Interest Rate handed by WASHINGTON CRIMINAL SENATORS * CONGRESS*

And do ya get it now or not?

It is our TAx Blood Sweat dollars and we are being banged and scammed by same criminal crooks with higher Credit card/ fees and Interest rates and thrown out of homes.

And no Criminal got punished but got rewarded by OBAMA(CHICAGO MOB SHILL) + DEMON RATS/REPO-CONS


BIGGEST PONZI SCAM CRIME EVER IN HUMAN HISTORY AND WE USA BAMBOOZLED FUCKS DON't GET IT?

My Fellow Americans;

WASHINGTON CRIMINAL CROOKS ARE CRIMINAL RULERS AND NOT OUR REPRESENTATIVES ANY MORE......................

HARSH REALITY: We are now broke and reeling under debt and are perma working slaves of this HOME GROWN FINANCIAL AL QAEDA

Now we must decide:

Do we want to be Working slaves of this Home Grown Financial Al Qaeda who busted and is rewarded for the crimes?

or

We must revolt now to free our selves from this enforced DEBT Slavery on us by these Criminals?

My Fellow Americans:

I give you my conviction, we must revolt and I provide you all with a NON VIOLENT WEAPON that we must unitedly use now

WEAPON: Dump all Mutual Funds and stocks and buy short term treasury bonds

Stop making all payments to Banker Thugs

this weapon will CRASH THE PONZI SCAM WALL STREET CASINO(EPICENTER OF THE HOME GROWN FINANIAL AL AQEDA)

And Shut the Federal Reserve down.......

LAUNCH NEW PARTY UNDER LEADERSHIP OF DR. RON PAUL and defeat both party criminal blood sucking pests.........

We refuse to honor Nation Debt enforced on us by these criminal Al Qaeda...................

A NEW NATION WILL BE BORN AGAIN ACCORDING TO WISHES OF OUR FOUNDING FATHERS........................

WE ALL WILL BE DEBT FREE................

MY FELLOW AMERICANS:LET US UNLEASH THE REVOLUTION NOW


The Great American Bank Robbery



(From UCLA's Hammer Forum) -- William K. Black, the former litigation director of the Federal Home Loan Bank Board who investigated the Savings and Loan disaster of the 1980s, discusses the latest scandal in which a single bank, IndyMac, lost more money than was lost during the entire Savings and Loan crisis. He will examine the political failure behind this economic disaster, in which not only massive fraud has taken place, but a vast transfer of wealth from the poor and middle class continues as the federal government bails out the seemingly reckless, if not the criminal. Black teaches economics and law at the University of Missouri, Kansas City and is the author of The Best Way to Rob a Bank Is to Own One. (Run Time: 1 hour, 38 min.)

http://neweconomicperspectives.blogspot.com/2009/08/great-american-bank-robbery.html

[James Street]

History shows that this kind of thing has been going on from the beginning and that it gets worse and worse until it collapses under its own weight, which means social chaos, economic chaos (deflation or inflation) revolution, civil war, war ....
Modern Americans think it can't happen here, I believe because we have unprecedented technological progress and we confuse technological progress with social progress.
We have a little illusion going on, on the side, so to speak, of affirmative action, gay marriage, women's rights, etc. ... next to the big show which is the RICH GETTING REALLY RICHER AND THE POOR GETTING REALLY POORER and the political class owned by the rich.
It's an old boring story when you read about it in the books but it's very exciting when the lid blows in your own neighborhood.
But then again, it can't happen here in America so not to worry.

[DailyBail]

But when and what will finally make it collapse?

I'm convinced it will be the debt that will eventually bring our empire to an end.

[some dude]

so far off the mark it hurts. disappointing for public media