Strange things are happening in the markets! As you know if you’ve been following this blog, quite a few scares, horrors and apparitions have been sighted in equities, futures, FX and oil markets over the last few months. But fortunately the Mystery Machine has rolled into town and Scooby, Shaggy and...
As regulators continue to look into the causes of the May 6th flash crash, some high frequency trading approaches are coming under scrutiny. In particular the concept of “quote stuffing”, where algorithms send so many orders into the order book that the market cannot possibly respond, has come under...
I have been seeing an increasing amount on interest in the marriage between Business Transaction Management (BTM) and Complex Event Processing (CEP). On July 29th Dr Dobbs Journal published an article called Complex Event Processing: IT...
"And now," cried Max, "let the wild rumpus start!"
— Maurice Sendak: Where the Wild Things Are
It’s not just equities and futures markets where strange stuff happens! An “algo gone wild” was spotted in the oil market (it actually happened earlier this year)...
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