Wall Street financial firms have it made, reaping profits from all forms of market volatility, as observed in the mainstream press:
Colchester, Max, Strassburg, Jenny, and Hoffman, Liz (2018, February 7). For Bank Trading Desks, Wild Swings Bring Opportunity, B14.
"...the boost in trading revenue could generate hundreds of millions of dollars for banks if the market volatility continues through the quarter said Jonathan Wills, a London-based partner at Oliver Wyman, "Its going to be a good thing for sales and trading franchises."
The benefits the financial firms reap aren't simply from scalping the market with their high-frequency trading.
They also will benefit by selling volatility-related derivatives, which haven't been doing so well recently because of market stability.
Please see my last post http://majiasblog.blogspot.com/2018/02/asteroids-and-financial-markets.html
RELATED POSTS
Majia's Blog: Dark Pools, High Frequency Trading and Moral Hazard
majiasblog.blogspot.com/2016/02/dark-pools-high-frequency-trading-and.html
Feb 1, 2016 - The financial complex lacks transparency in key arenas: algorithmic trading
and complex financial derivatives obscure transparency while entire
operations – such as dark pools- are invisible to regulators. As
explained previously, the banking sector insured by the FDIC in the US
is supplemented by a vast ...
Majia's Blog: White Wash Report on High Frequency Trading
majiasblog.blogspot.com/2012/10/white-wash-report-on-high-frequency.html
Financial markets are infused with FRAUD. PREVIOUS POSTS ON HIGH FREQUENCY TRADING. Majia's Blog: High Frequency Trading
Arms Race Mocks "Free ... Apr 09, 2012. Majia here: High frequency
trading allows companies to engage in a variety of fraudulent activities
-- including quote stuff and naked short selling ...
Majia's Blog: High Frequency Trading Arms Race Mocks "Free ...
majiasblog.blogspot.com/2012/04/high-frequency-trading-arms-race-mocks.html
High Frequency Trading
Arms Race Mocks "Free" Markets. Bloomberg Business Week April 2-April 8
2012 print edition has a disturbing article titled "Trading at the
Speed of Light" by Matthew Philips. The byline: "A New Ultrafast
Atlantic Cable Will Cater to Electronic Traders: 'That Extra Five
Milliseconds Could be Worth ...Majia's Blog: Financial Warfare Using High Frequency Trading, Quote ...
majiasblog.blogspot.com/2011/08/financial-warfare-using-high-frequency.html
More phoney memes and hype, as life on earth goes extinct. Wall street is totally disconnected from servers, who are paid 2 dollars an hour, and now cannot get tips. Ufos, ai, who gives a flipin crap. More disconnected memes, generated to justify psychopaths destroying things and maiming.
ReplyDelete