As high frequency and algorithmic trading infiltrate foreign exchange markets some of the problems that dog equities, such as high order cancellations, are arising. Equities markets, which have seen HFT and algo trading go through the roof, have recently started clamping down on excessive and cancelled orders. As my colleague recently explored, Deutsche Börse, Borsa Italiana, NASDAQ and Direct Edge... Continue reading

Revolutions are proliferating. When you watch a revolution happening elsewhere, political or otherwise, it’s a good time to contemplate the revolution in your own history, or in your future. There are few among us that can’t point to one or the other. One of the common drivers is the fear that something is happening where we can’t see it happen,... Continue reading