Even if you had access to the exchange, which of course you do not, they[shares of stocks] would likely be gone long before you could jump in the market—either already executed or, much more likely, withdrawn before any shares changed hands. And that’s where the really dangerous part begins to set in. It’s not just that humans are less and less involved in trading; it’s that they can’t be involved. “By the time the ordinary investor sees a quote, it’s like looking at a star that burned out 50,000 years ago,
Raging Bulls: How Wall Street Got Addicted to Light-Speed Trading | Wired Business | Wired.com
I found everything about this article complicated and mostly hard to understand, although, from what I could decipher I am pretty freaked out by this whole enterprise. Just add another item to the list of Really Fucked Up Things About The World That You and I Have No Hope Of Correcting.
4 notes
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bettedavisthighs said:
read: Ugly Americans. awesome novelization of true tory about this shit in the 80s and 90s by western bankers in asia
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