Justin du Coeur (jducoeur) wrote,
Justin du Coeur
jducoeur

The Nature of the Modern Market

Those who are interested in real-world economics and finance may want to read this fascinating little article in Ars Technica. It's a brief look at how the stock market actually operates today, which bears little resemblance to how most of us *think* it works, or indeed how it worked only a few years ago. It focuses on the new High Frequency Trading platforms, the computer systems that allow Goldman Sachs and others to essentially game the market in a variety of ways.

It's not at all in-depth, but doesn't assume you know a huge amount about finance and such. So if you're curious about those record-breaking profits at Goldman last week, here's one of the elements feeding into that...
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