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Greg MacSweeney
Greg MacSweeney
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"Celebrating" Flash Crash's 2nd Anniversary; Can't Trust Brokers; and More Quotes of the Week

This week we "celebrate" the second anniversary of the Flash Crash, as well as hear about trust between investors and brokers, mobile security, economic uncertainty and telephone IVRs. Wall Street & Technology keeps you in the loop by compiling some of the best quotes of the week.
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Happy Anniversary to everybody who made the Flash Crash happen. We hope you are enjoying yourself. Because we, and millions and millions of other retail and institutional investors around the world, are not.

— Sal Arnuk, an outspoken critic of high frequency trading and partner, co-founder and co-head of equity trading at Themis Trading, in a letter to clients.

Source: Wall Street & Technology

 

Greg MacSweeney is editorial director of InformationWeek Financial Services, whose brands include Wall Street & Technology, Bank Systems & Technology, Advanced Trading, and Insurance & Technology. View Full Bio

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