Tuesday, January 4, 2011

Graham Bowley, The New Speed of Money, Reshaping Markets, The New York Times, 2010

Rating: 4/5 Link1 Link2 Link3
  • The engine of Wall Street has shifted from the stock exchange floor to data centers in New Jersey, where computer-driven trading now accounts for 56 percent of all trading activity. While this Tron landscape is dominated by the titans of Wall Street, it affects nearly everyone who owns shares of stock or mutual funds, or who has a stake in a pension fund or works for a public company. For better or for worse, part of your wealth, your livelihood, is throbbing through these wires.