“Odd lot” trades – or stock trades involving fewer than 100 shares – are becoming more commonplace, making up nearly half of all trades in early October, according to The Wall Street Journal, which cited New York Stock Exchange data. The shift has been driven by a steady rise in […]
A team of quantitative traders in London are training their algorithms to invest like Warren Buffett. Unlike many algorithmic trading funds that constantly buy and sell assets, Havelock London aims to identify undervalued businesses and invest for the long term, according to the Financial Times. “Traditionally, quants are a mile […]
Bankers are rushing to take Oxford University’s courses on fintech, blockchain strategy, AI, and other futuristic subjects before robots take their jobs. More than 9,000 people, aged 39 on average and predominantly working in financial services, have taken Saïd Business School’s online open courses in less than two years. AI […]
Big fund managers tend to blame algorithmic trading when things go haywire in the stock market. But there are other factors adding complexity to this argument: A boom in disparate trading platforms makes price discovery difficult, and low trading volume. “The electronification era remains one of the lowest-volatility periods on […]
The use of automated trading in financial markets is only getting larger. With machines now increasingly trading with each other, investment decisions are now being taken in nanoseconds. Given the influence financial markets have on the real economy, will the rise of automated trading make life easier for people or […]
Kay Swinburne MEP: “My French colleagues were obviously on a mission from 2009 to try and actually get, before Brexit, as much back to Paris as they could.” Swinburne helped counter Lagarde’s efforts to force business out of the City by drafting reports that supported the business being done in […]
If you fancy making a quick buck trading around tomorrow’s Australian consumer price inflation report, you better have lightening reflexes and know exactly what the implications are for interest rates. If not, perhaps it’s time to sit this one out. According to new research from ANZ Bank, around 70% of […]
Facebook had a flash-crash of sorts after it...