Commentary by Hazel Henderson, Editor-in-Chief Good News from Mr. WU! The UN Report on Finance for Sustainable Development shows the global economics paradigm shifting: from today’s financial model of the global casino dominated by high-frequency trading and multi-trillions in derivative positions far exceeding the real world economy’s GDP – to …
IEX HIRES FORMER SEC HEAD OF DIVISION OF TRADING AND MARKETS
IEX HIRES FORMER SEC HEAD OF DIVISION OF TRADING AND MARKETS IEX today announced that John Ramsay, until recently the Acting Director of the Securities and Exchange Commission’s Division of Trading and Markets, is joining the company as its Chief Market Policy and Regulatory Officer. In this role, he will …
Brad Katsuyama on Conflicts of Interest, Investor Loss of Confidence, and High Speed Trading in U.S. Stock Markets
Testimony Before the U.S. Senate Permanent Subcommittee on Investigations of the Committee on Homeland Security and Governmental Affairs by Bradley Katsuyama, President and CEO, IEX Group, Inc. EXCERPT Committee Ask: Address conflicts of interest affecting brokers charged with seeking best execution of customer orders, including conflicts posed by …
Book Review: ‘Flash Boys’ By Michael Lewis
Summary How high frequency trading works against investors. Highlighting the sleuthing efforts of Brad Katsuyama to bypass the digitization of wall street. Using a financial transaction tax (FTT) to curtail hft. Flash Boys by Michael Lewis, WW Norton, New York, 2014 READ MORE HERE