the corner office : tech blog

a tech blog, by Colin Pretorius

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Links 2014.04.02

Businessweek: What Michael Lewis Gets Wrong About High-Frequency Trading (via)

An interesting quote:

That year [2012] ... the entire speed-trading industry made about $1 billion, down from its peak of around $5 billion in 2009. That's nothing to sneeze at, but it isn't impressive once you put it into context: JPMorgan Chase (JPM) made more than $5 billion in profit in just the last quarter.

{2014.04.02 - 21:56}


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