Relevant:
- ‘Short-volatility Armageddon' craters a pair of Wall Street's most popular trades, could roil market
- Vested self interest and the future of Fannie Mae and Freddie Mac
- Wall Street's Win on Swaps Rule Shows Washington Resurgence
- Low Volatility On Wall Street
- 14 Trading Firms Settle Charges for $69 Million
2011-10-09 — nytimes.com
``"There is something unholy about them," said Guy P. Wyser-Pratte, a prominent longtime Wall Street trader and investor. "That is what caused this tremendous volatility. They make a fortune whereas the public gets so whipsawed by this trading."... The trading, done by independent firms or on special desks inside big Wall Street banks, now accounts for two of every three stock market trades in America. ''
source article |
permalink |
discuss |
subscribe by:
|
RSS |
email 
Comments: Be the first to add a comment
add a comment | go to forum thread
Note: Comments may take a few minutes to show up on this page. If you go to the forum thread, however, you can see them immediately.
