Computers rule Wall Street | Forex Factory

  • Computers rule Wall Street

    From cnn.com

    The computers have taken over Wall Street, and they're taking investors on a wild ride. This week, the Dow swung back and forth more than 400 points on four straight days. Trading volume is at or near record levels. * 59 * * 8 * Print It's not fast-talking traders on the New York Stock Exchange behind the action. The majority of trading is done on large server farms based in New Jersey and elsewhere. "These types of moves are certainly greater than anything we've seen in the last 10 years, and it's absolutely because now the majority of the orders are being done by these high-frequency trading robots," said Sal Arnuk, ... (full story)

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bfree
Aug 13, 2011 6:36pm — Edited
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Hello.
I'll do a small report.
If someone remembered it was a "noise" in the fall of 2009,wenn someone was arrested VERY FAST suspected of having taken pieces of Goldman software that enables the buying and selling of shares in milliseconds. Banks and hedge funds use such programs to profit from tiny price discrepancies among markets and in some instances leap in front of bigger orders.
Here is article from The New York Times (AUG.2009)

http://www.cnbc.com/id/32538642

all use that! miliseconds orders ! Banks, hedge funds...
But as retail customers we are not seen god If we do scalping
Sharks prevail only!

sorry english ,is not my native language
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bfree
Aug 13, 2011 6:46pm — Edited
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something new ...
why do you think Europe has banned short selling ?
Here is a fresh list:
Belgian Equities

This is following an order issued by the FSMA on 11 August 2011 whereby, with IMMEDIATE effect, no naked or covered shorting is permitted in respect of the following:

AGES.BR Ageas
DEXI.BR Dexia
KBC.BR KBC
http://www.fsma.be/en/OtherNews/Article/press/div/2011-08-11_shortselling.aspx

French Equities at least FOR THE NEXT 15 DAYS:
http://www.amf-france.org/documents/general/10109_1.pdf

Italian Equities -at least FOR THE NEXT 15 DAYS:
http://www.consob.it/mainen/documenti/english/resolutions/res17902.htm

Spanish Equities-at least FOR THE NEXT 15 DAYS:
http://www.cnmv.es/loultimo/short%20ban.pdf
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Trader#8613
Aug 13, 2011 9:06pm
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The biggest advantage a human trader has over computers is the ability to spot change in trend.
That comes from computer experts.
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