Saluzzi vs HFC Traders

[WildspitzE]

It's not illegal! LOL

(let me try it again)
(link here:http://www.cnbc.com/id/15840232?video=1194141251&play=1)

[LargoWinch]

Re: Saluzzi vs HFC Traders

It's not illegal! LOL

Could the blonde be a lobbyist for the banksters and perhaps was paid to publish "a book"?


Video removed by LW; the guy's not nearly as good as he think he is (i.e. "TickerGuy").

[SuitablyIronic]

Re: Saluzzi vs HFC Traders

I don't see how this is much different to clipping coins. I like the Wiki entry on this;

Coin clipping was usually considered by the law to be of a similar magnitude to counterfeiting, and was occasionally punished by death.

But when the Fed is counterfeiting trillions, I suppose that all laws are 'flexible'.

[D-Mack]

Re: Saluzzi vs HFC Traders

Could the blonde be a lobbyist for the banksters and perhaps was paid to publish "a book"?

I don't know if anyone bought the book, I can't find a review


The first video on google titled "Irene Aldridge" leads me to a porn site, hmmm

http://video.google.com/videosearch?...8&sa=N&tab=wv#

[Slimprofits]

Re: Saluzzi vs HFC Traders

She's a professor at U. Toronto, St. George campus.

http://www.rotman.utoronto.ca/aldridge/

[WildspitzE]

Re: Saluzzi vs HFC Traders

I don't see how this is much different to clipping coins. I like the Wiki entry on this;

Coin clipping was usually considered by the law to be of a similar magnitude to counterfeiting, and was occasionally punished by death.

But when the Fed is counterfeiting trillions, I suppose that all laws are 'flexible'.

There is more to that. The most important being front running through something called "flash trading". Front running is illegal. Wiki has a nice explanation too.

Another important is creating artificial volume, and how that truly affects valuation. If up to 50% of the volume is artificially created by 3-4 computers then how many of those trades are real and how many are part of a big circle jerk of computers trading each other just to generate fees? How does this affect the valuation mechanism of a market? How can this be used to manipulate sentiment? And, what happens when they change the volumes (on purpose or not) vs that same institutions positions?

It's a big joke on all of us. it's also funny to see how they try to legitimize it by talking about liquidity, "saying that it's illegal" (but not addressing if they do it or not, just letting us assume that because it's illegal they don't do it), and greasing the wheels of price discovery.

[WildspitzE]

Re: Saluzzi vs HFC Traders

She's a professor at U. Toronto, St. George campus.

http://www.rotman.utoronto.ca/aldridge/

She is a partner here:

http://www.ablealpha.com/

[D-Mack]

Re: Saluzzi vs HFC Traders

She's a professor at U. Toronto, St. George campus.

http://www.rotman.utoronto.ca/aldridge/

Is it her? It still says "Ph.D. candidate"


And her interests were regulation

Do Financial Companies Benefit from SEC Regulation? April 2005.
> Abstract and PDF Download.
Why Are Financial Markets Regulated? An Empirical Investigation. April 2004.
> Abstract and PDF Download.
Why Do We Need Regulators? Predicting Timing of Regulation. April 2004.
> Abstract and PDF Download.
What Are Regulators’ Interests? Predicting Financial Impact of Regulation on Corporations. 2003.
Net Personal Income, Technological Growth and Interest Rates. 2003.
On Regulation, Privatization and War. An Essay in Political Finance. 2003.

[D-Mack]

Re: Saluzzi vs HFC Traders



they are back

[sunskyfan]

Re: Saluzzi vs HFC Traders

Seems like they are trying to talk about a feedback loop. If it was then it would have gone to zero folks. Somebody stepped in. Who?

[chr5648]

Re: Saluzzi vs HFC Traders

The reviews on her book are hilarious, she has no clue what she is talking about.

http://www.amazon.com/High-Frequency...3365577&sr=8-1

This site seems out of date and little substance

http://www.ablealpha.com/aa/home.html

[metalman]

Re: Saluzzi vs HFC Traders

The reviews on her book are hilarious, she has no clue what she is talking about.

http://www.amazon.com/High-Frequency...3365577&sr=8-1

This site seems out of date and little substance

http://www.ablealpha.com/aa/home.html

brutal reviews... eg...

42 of 48 people found the following review helpful:
1.0 out of 5 stars An MBA gives a literature review, December 21, 2009

By	Ken Spriggs "CheckRaise" (Chicago, Il) - See all my reviews (REAL NAME)

This review is from: High-Frequency Trading: A Practical Guide to Algorithmic Strategies and Trading Systems (Wiley Trading) (Hardcover)
I was looking forward to this book but it's a big disappointment. I've worked on proprietary trading desks for over 10 years and have done all aspects of high-frequency trading. This book is not written by an expert - she just lists stuff that might be useful - and there's little hint she's done any of the work she talks about. If you're in the industry save your money. If you're aspiring to join the industry you might be worse off after reading it. The book seems more like a commercial gimmick for the author's career and current employer than a genuine effort to add value to the subject.