Trading-Gurus.com » Paul Myners

Are High Frequency Traders About to Destroy the City of London?

Jim — Wed, 24 Aug 2011 16:53:29 +0000

My attention has recently been drawn to an academic research paper entitled High Frequency Trading and The New-Market Makers. The author, who is from the VU University in Amsterdam, investigates the connection between high frequency trading and the emergence of new exchanges here in Europe:

More on Are High Frequency Traders About to Destroy the City of London?

“Morally Bankrupt” Goldman Sachs Investigated by SEC and FSA

Jim — Tue, 20 Apr 2010 17:36:03 +0000

Last Friday the U.S. Securities and Exchange Commission charged the investment bank Goldman Sachs and their London based Vice President Fabrice Tourre with fraud:

The SEC alleges that Goldman Sachs structured and marketed a synthetic collateralized debt obligation (CDO) that hinged on the performance of subprime residential mortgage-backed securities (RMBS). Goldman Sachs failed to disclose to investors vital information about the CDO, in particular the role that a major hedge fund played in the portfolio selection process and the fact that the hedge fund had taken a short position against the CDO.

More on “Morally Bankrupt” Goldman Sachs Investigated by SEC and FSA

Is a Scalping Ban Next on the Regulators Agenda?

Jim — Tue, 03 Nov 2009 11:48:40 +0000

The BBC reports this morning that Lord Myners, the UK "City minister" and former head of fund manager Gartmore, has his doubts about the development of high-frequency trading (or HFT for short). He told the BBC that:

More on Is a Scalping Ban Next on the Regulators Agenda?