Linkfest: The industry politics of HFT; Bill Gross’s dead-cat bounce; China’s cash scarcity
Categories: Linkfest
Today’s most shared:
- HFT debate: Institutions v. market-makers, dark markets vs. transparent ones. Schwab: HFT a ‘cancer.’ BATS CEO forced to correct misleading statements made on CNBC.
- Bill Gross looks for a dead cat bounce. Treasure your pets and all living things, except headstrong CEOs-in-waiting.
- Cash scarcity in China.
- The 1% don’t feel rich.
- Oil reserve figures may be less certain than believed.
Michael Lewis’s HFT Book: More of a Dark Market Than a Lit One
streetwiseprofessor.com
shared by @izakaminska, @pkedrosky, @ToddSullivan, @davidenrich
streetwiseprofessor.com
shared by @izakaminska, @pkedrosky, @ToddSullivan, @davidenrich
Schwab Statement: High-frequency trading is a growing cancer that needs to be addressed
aboutschwab.com
Charles Schwab Corporation Chairman Charles Schwab and President and CEO Walt Bettinger posted the following statement on high-frequency trading.
shared by @TFMkts, @ritholtz, @markgongloff, @brianmlucey, @DougKass, @ThemisSal, @Dasan
aboutschwab.com
Charles Schwab Corporation Chairman Charles Schwab and President and CEO Walt Bettinger posted the following statement on high-frequency trading.
shared by @TFMkts, @ritholtz, @markgongloff, @brianmlucey, @DougKass, @ThemisSal, @Dasan
BATS Forced to Correct Statements by President O’Brien on How Its Exchanges Work
Wall Street Journal
BATS Global Markets Inc., under pressure from the New York Attorney General’s office, corrected statements made by a senior executive during a televised interview this week about how its exchanges work.
shared by @LaurenLaCapra, @markgongloff, @SimoneFoxman, @JacobWolinsky
Wall Street Journal
BATS Global Markets Inc., under pressure from the New York Attorney General’s office, corrected statements made by a senior executive during a televised interview this week about how its exchanges work.
shared by @LaurenLaCapra, @markgongloff, @SimoneFoxman, @JacobWolinsky
High Frequency Trading: Threat or Menace?
HBR
The outrages Michael Lewis describes are simply the latest chapter in a long-running story.
shared by @DougKass, Abnormal Returns, @MarkThoma, @eisingerj
HBR
The outrages Michael Lewis describes are simply the latest chapter in a long-running story.
shared by @DougKass, Abnormal Returns, @MarkThoma, @eisingerj
Mark Cuban: The Idiot’s Guide to High Frequency Trading
blogmaverick.com
shared by @JacobWolinsky, @edwardnh, @JoeSaluzzi, @ReformedBroker, Reformed Broker
blogmaverick.com
shared by @JacobWolinsky, @edwardnh, @JoeSaluzzi, @ReformedBroker, Reformed Broker
Ritholtz: Try Doing Nothing for a Change
bloombergview.com
While I have been busy kvetching about the weather, another payrolls report has snuck up on us.
shared by @abnormalreturns, @JacobWolinsky, @TimOBrien, @TMFHousel
bloombergview.com
While I have been busy kvetching about the weather, another payrolls report has snuck up on us.
shared by @abnormalreturns, @JacobWolinsky, @TimOBrien, @TMFHousel
The State Of The Corporate Balance Sheet In 2 Charts
Business Insider
Cash up, debt down.
shared by @counterparties, @Dvolatility
Business Insider
Cash up, debt down.
shared by @counterparties, @Dvolatility
Why Don’t the 1 Percent Feel Rich?
The Atlantic
The merely rich are making more, but they’re not worth more. It’s the 0.01 percent that are creating our new Gilded Age.
shared by @TheStalwart, Naked Capitalism, FT Alphaville, Reformed Broker
The Atlantic
The merely rich are making more, but they’re not worth more. It’s the 0.01 percent that are creating our new Gilded Age.
shared by @TheStalwart, Naked Capitalism, FT Alphaville, Reformed Broker
The state & inequality
Stumbling and Mumbling
Examples of how the state helps enrich the well-off.
shared by @MarkThoma, @TimHarford, reddit/Economics, @EpicureanDeal
Stumbling and Mumbling
Examples of how the state helps enrich the well-off.
shared by @MarkThoma, @TimHarford, reddit/Economics, @EpicureanDeal
Bob
PIMCO
Bill Gross’s annus horribilis goes from bad to worse as he mourns his cat Bob, whom he was wont to query about interest rates. "Favor credit spreads…Treasure your pets and all living things." Except CEOs-in-waiting?
shared by @jasonzweigwsj, NYT Dealbook, @ChrisAdamsMKTS, @mccarthyryanj
PIMCO
Bill Gross’s annus horribilis goes from bad to worse as he mourns his cat Bob, whom he was wont to query about interest rates. "Favor credit spreads…Treasure your pets and all living things." Except CEOs-in-waiting?
shared by @jasonzweigwsj, NYT Dealbook, @ChrisAdamsMKTS, @mccarthyryanj
A shortage of cash in China is forcing businesses to pay one another with acceptance drafts, a form of IOU.
Wall Street Journal
Cash is increasingly hard to come by in China, so businesses are paying one another with a form of IOUs known as acceptance drafts. Analysts say banks aren’t channelling enough funds into the economy.
shared by @LorcanRK, @peter_tl, @vshih2
Wall Street Journal
Cash is increasingly hard to come by in China, so businesses are paying one another with a form of IOUs known as acceptance drafts. Analysts say banks aren’t channelling enough funds into the economy.
shared by @LorcanRK, @peter_tl, @vshih2
Old Math Casts Doubt on Accuracy of Oil Reserve Estimates
Bloomberg
Jan Arps is the most influential oilman you’ve never heard of.
shared by @TomLasseter, reddit/Economics, @JohnLothian, @AlephBlog, @pcdunham
Bloomberg
Jan Arps is the most influential oilman you’ve never heard of.
shared by @TomLasseter, reddit/Economics, @JohnLothian, @AlephBlog, @pcdunham
The Economists’ Notebook
Federal Reserve
The Fed’s macro model, and how to run your own version of it.
shared by @BCAppelbaum, @MarkThoma, reddit/Economics, @Noahpinion
Federal Reserve
The Fed’s macro model, and how to run your own version of it.
shared by @BCAppelbaum, @MarkThoma, reddit/Economics, @Noahpinion
March Employment Report: 192,000 Jobs, 6.7% Unemployment Rate
Calculated Risk
A top ranked economics and finance blog with a focus on the housing market
shared by Business Insider, @MichaelKitces, @JustinWolfers, @nancefinance
Calculated Risk
A top ranked economics and finance blog with a focus on the housing market
shared by Business Insider, @MichaelKitces, @JustinWolfers, @nancefinance
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