EPTWhat some investors don't predict - Page 2
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Ellis
247 Posts
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Piy
Scotland3152 Posts
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tryTRY
United States24 Posts
right now it's a bull market so any moron can make money off buying stocks and then selling | ||
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StorkHwaiting
United States3465 Posts
This post doesn't really have a conclusion because it doesn't advocate any position or highlight any observable facet of life :-S | ||
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udgnim
United States8024 Posts
I'll try to find a link edit: here's a link, http://www.dailykos.com/story/2009/7/9/751747/-The-Outrage-Against-Goldman-Sachs-Builds a snippet The code, as it has been noted by many, including Goldman-Sachs, allows the firm to execute securities/commodities transactions in microseconds, thus providing their company with an extreme edge over their competitors. The tacit fact is, with proper monitoring of market trades, in general and as facilitated by Goldman's own practices, it's entirely conceivable--albeit significantly questionable from a legal standpoint--that the firm would be enabled to "frontrun" its competition at quite a grand scale, too, since it could see trades occurring in real-time, and then execute its own trades automatically at lightning speed, before the previously-observed trades of others were even concluded. | ||
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