Justin du Coeur (jducoeur) wrote,
Justin du Coeur

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...

  • Post a new comment


    Anonymous comments are disabled in this journal

    default userpic

    Your reply will be screened

    Your IP address will be recorded