Instead, we need to burn the entire system of financial regulation to the ground and replace it with something that supports investing the way it’s done today.
Data and algorithms are an integral part of modern trading.
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Government agencies are investigating how to start regulating trading algorithms. But algorithms are ubiquitous and we need to make sure we don’t stamp out good ones.
An increasingly diverse array of geospatial, network and time-series data is being used to generate new perspectives and insights. Here we see air traffic in England and Wales visualised over satellite images.
https://www.flickr.com/photos/natspressoffice/
People in all manner of professions from economists and real estate agents to stockbrokers and doctors are beginning to recognise the huge potential and power of unconventional data.
A frequent call market may help prevent ‘flash crashes,’ like this one on May 6, 2010.
Lucas Jackson/Reuters
New research shines light on whether creating such a haven as a new type of exchange that slows trading down a bit could attract enough traders to be effective.
US stock markets are fragmenting, but it will take time for serious innovation to take hold.
Justin Lane/EPA/AAP
The past three decades have seen an unprecedented explosion of activity in a new sub-discipline of mathematics: financial mathematics. The emergence of this field has parallelled the expansion of the quantitative…
Trading floors like this one – at the old American Stock Exchange in the 1980s – are at the heart of capitalism and financial speculation.
David Foster/Flickr via CC BY-ND
The word “speculation” carries a connotation of negativity. And it’s probably fair to say that pretty much every financial crisis since the tulip mania of the 1630s can be attributed to some sort of mass…
I think our algorithm has called in sick.
Rafael Matsunaga
High-frequency trading, where computer algorithms are programmed to buy and sell financial products in a fraction of a second, is a profitable business but also a controversial practice. Regulators are…
Are high-frequency traders friends or foes of the financial market?
AAP
Adrian Lee, University of Technology Sydney and KIHoon Hong, University of Technology Sydney
As the sixth iteration of The Fast and the Furious franchise rolls out in cinemas, a greater speed demon lurks in our financial markets: high-frequency traders (HFTs). While the good guys in Fast 6 are…
Are the algorithms used in high frequency trading a threat to the markets themselves? ASIC says the danger is “overstated” but the FBI and the SEC have joined forces.
AAP
In language that is more in keeping with hackers and crime syndicates, the Financial Times reported last week that the FBI was going to assist securities regulators in the US to tackle “dark pools” and…
The speed increase of stock trading from microseconds to nanoseconds leads to an increase in order cancellations and is otherwise…
The growth in high-frequency trading and the changing nature of dark liquidity in equities markets have prompted ASIC to release new rules for market integrity.
AAP
The Minister for Financial Services and Superannuation recently announced new ASIC Market Integrity Rules to address the growth in automated trading and the changing nature of dark liquidity in equities…
As high frequency trading and dark pools worry Australian regulators, can a market be too fluid?
AAP
The dangers of massive high frequency trading are becoming increasingly clear in equity markets. Greg Medcraft, the chairman of corporate regulator ASIC, confirmed to a Federal parliamentary committee…
Australia’s trading market faces new competition from today.
AAP
Today for the first time in its history, the Australian Securities Exchange will face competition in equities trading. This means that there will now be a choice of trading venue for the execution of orders…
Sharemarket trading is now mostly out of human hands, thanks to algorithimic programs.
AAP
Stock market trading has been transformed over the last two decades in ways that are fated to increase the likelihood of complete market collapse. Stocks used to be traded by human beings through shouted…