If you anticipate the banal bazaar can be a gamble, you'd now be wrong. The latest trading software developed by Virtu—a aggregation specializing in high-frequency trading—has had only one day of accident in the accomplished four years.
Put that addition way: it agency that, for every one day the software makes a loss, it makes 1,237 canicule of profit. It's in the atramentous 99.91 percent of the time. That is insane. As Zero Hedge credibility out, it's fabricated accessible by application high-frequency trading, which relies on acceleration to abate accident abutting to aught on actual baby trades—we're talking as low as fractions of cents of accumulation per deal—while relying on arduous weight of the numbers of affairs to accomplish the exercise profitable.
It agency that software from the brand of Virtu is, for now, acceptable at the banal market—and accepting its founder, Vincent Viola, $270 actor in 2013 alone. What it aswell means, though, is that high-frequency traders are added authoritative a lot of of the money, which will acceptable advance to one rather ambiguous banking market. Math and computer science causing a banking crisis? Surely not. [Zero Hedge]
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