Monthly Archives: October 2010

Not Just Stocks … High Frequency Traders Might Be Manipulating Futures, Options, Bonds, Currency and Commodities Markets As Well

  As I noted earlier today, high frequency traders trade not only stocks, but also futures, options, bonds and currency: We know that high frequency trading is used to manipulate the stock market. The prevalence of high frequency trading in … Continue reading

Posted in General | Leave a comment

What Percentage of U.S. Equity Trades Are High Frequency Trades?

Several financial analysts have said that some 70% of American stock trades are high frequency trading: The former head of Nasdaq said that high frequency traders account for 73% of the volume on the stock market Joseph Saluzzi – partner … Continue reading

Posted in General | Leave a comment

Reappearance of Huge Plumes of Oil is Making It Hard to Pretend that the Problem Has Disappeared

There is a flood of information coming out on the Gulf oil spill. Why? The reappearance of huge plumes of oil is making it hard to pretend that it has all gone away. Here’s a roundup of some of the … Continue reading

Posted in General | Leave a comment

“We Can Either Have a Rational Resolution to the Foreclosure Crisis or We Can Preserve the Capital Structure of the Banks. We Can’t Do Both”

The quote of the day comes from Damon Silvers, a member of the independent Congressional Oversight Panel: We are faced with a choice here. We can either have a rational resolution to the foreclosure crisis or we can preserve the … Continue reading

Posted in General | Leave a comment

“The Fraud Perpetrated Upon Investors and Insurers Due to Multiple Pledges of Collateral Could Be Massive”

Christopher Whalen previously explained how the banks got away with pledging mortgages to multiple buyers. Today, Whalen provides further details: The short answer is “innovation.” In her column, “One Mess That Can’t Be Papered Over,” Gretchen Morgenson of the New … Continue reading

Posted in General | Leave a comment