Remember the quote “time is money”?
According to The New York Times, that game is over. Kaput. Now it’s “speed is money.” In an article entitled, The New Speed of Money, Reshaping Markets, Graham Bowley of NYT writes:
In many of the world’s markets, nearly all stock trading is now conducted by computers talking to other computers at high speeds. As the machines have taken over, trading has been migrating from raucous, populated trading floors like those of the New York Stock Exchange to dozens of separate, rival electronic exchanges. They rely on large data centers like this one, many in the suburbs of northern New Jersey.
There are now ways for investors to use technology to automatically trade stocks as well. This will save them a great deal of time and, like we said, “time is money”. You can learn more here if that interests you. In the modern time, many investors are also looking for powerful trading systems that offer features like dynamic streaming quotes, indicators, real-time charting, news, top lists, and more. Whether you’re looking for the best Forex white label program or want to trade some cryptocurrency, now is the time! Trading software is used both by beginners and active users for the benefits they (trading software) offer. If you wish to learn more about the aforementioned topic, look at this trading software from companies like Trade Zero.
Coming to Hedge funds, these funds that build their investment style around the lightning-fast trading technology are known as “high-frequency traders.” But how do they make money trading in and out of securities in nanoseconds? Here’s a video from Marketplace that spells it out:
The New York Times describes my novels as “money porn,” “a red-hot franchise,” and “glittery thrillers about fiscal malfeasance.” Through fiction I explore the dark side of money and the motivations of those who have it, want more, and will steamroll anybody who gets in their way.