Jon Corzine is back in the news and the fallout from Knight Capital's software problems continues, while Goldman Sachs avoids charges. These are just a few of the topics industry observers are discussing this week.
August 17, 2012
2. I Need a Runner!
Although not even the strongest critics of high-speed trading are calling for rules to turn back the clock to 900 characters a minute, there is a growing consensus that the potential negative consequences of raw speed need to be addressed for the good of the financial markets.
--Eric Owles, writing in his NY Times column about how technology has reduced stock trading to milliseconds
Source: NY Times Dealbook: Wall Street's Race to the 48-Millisecond Trade
