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Quants Are Taking the Fun Out of Investing
Quants are Wall Street's version of the highly-efficient and near emotionless NFL scoring machine: the New England Patriots.
NYSE Specialist Elimination Is Overdue
The NYSE specialist may soon be eliminated and replaced with designated market makers. But whether these new market intermediaries are effective and profitable is questionable.
Good Or Bad, Technology Is Allowing Firms To Offer Multiple Services Originally Out Of Their Traditional Scope
Trading firms and exchanges are trying to be all things to all people. Will the pendulum start to swing back to the speciality model?
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