DOJ Indicts Russian Oxymoron

Is it still fair to joke about “military intelligence” being self-contradictory? Apparently, [They] engaged in a series of cyberattacks against anti-doping agencies and officials, sporting federations and more than 250 athletes in retaliation for the exposure of Russia’s state-backed doping program. Source: Justice Dept. indicts 7 Russian intelligence officers in international hacking scheme – CNNPolitics

A Novel Approach to High Frequency Trading

Interesting… HFT has proven to be singularly destructive. Despite the claims of it defenders, it does not increase market liquidity; it merely increases trading volumes without improving ease of execution. 60% of US stock market trading volume comes from HFT. HFT has undermined how markets operate. Institutional investors have diverted some of their trades to… Read More A Novel Approach to High Frequency Trading