Tag Archives: Knight Capital

Explain to me: High-frequency trading

Dark pools. Collateral-easing. Exchange-traded funds. FICO. Securitize. Liquidity… ah, the list goes on. The ratio of people who understand how Wall Street works to people who don’t understand how Wall Street works is probably something like 1:1,000. Higher, maybe? Probably. That’s why I worship news sites like Planet Money and projects like The Crisis of […]

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