Flash Boys
''Flash Boys: A Wall Street Revolt'' is a book by the American writer Michael Lewis, published by W. W. Norton & Company on March 31, 2014. The book is a non-fiction investigation into the phenomenon of high-frequency trading (HFT) in the US financial market, with the author interviewing and collecting the experiences of several individuals working on Wall Street. Lewis concludes that HFT is used as a method to front run orders placed by investors. He goes further to suggest that broad technological changes and unethical trading practices have transformed the U.S. stock market from "the world's most public, most democratic, financial market" into a "rigged" market. Synopsis ''Flash Boys'' maintains a primary focus on Brad Katsuyama and other central figures in the genesis and early days of IEX, the Investors' Exchange. Sergey Aleynikov, a former programmer for Goldman Sachs, serves as a secondary focus. The introduction begins by naming Aleynikov and describing his arrest, alo ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Michael Lewis (author)
Michael Monroe Lewis (born October 15, 1960) Gale Biography In Context. is an American author and financial journalist. He has also been a contributing editor to '' Vanity Fair'' since 2009, writing mostly on business, finance, and economics. He is known for his nonfiction work, particularly his coverage of financial crises and behavioral finance. Lewis was born in New Orleans and attended Princeton University, from which he graduated with a degree in art history. After attending the London School of Economics, he began a career on Wall Street during the 1980s as a bond salesman at Salomon Brothers. The experience prompted him to write his first book, ''Liar's Poker'' (1989). Fourteen years later, Lewis wrote '' Moneyball: The Art of Winning an Unfair Game'' (2003), in which he investigated the success of Billy Beane and the Oakland Athletics. His 2006 book '' The Blind Side: Evolution of a Game'' was his first to be adapted into a film, '' The Blind Side'' (2009). In 2010, he ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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The Hummingbird Project
''The Hummingbird Project'' is a 2018 thriller drama film about high-frequency trading and ultra-low latency direct market access, written and directed by Kim Nguyen produced by Pierre Even at Item 7. It stars Jesse Eisenberg, Alexander Skarsgård, Michael Mando, Sarah Goldberg, and Salma Hayek. It had its world premiere at the 2018 Toronto International Film Festival on September 8, 2018. It was released in the United States on March 15, 2019, by The Orchard and was released on March 22, 2019, in Canada by Elevation Pictures. Plot The film opens as stockbroker Vincent Zaleski pitches Bryan Taylor on investing in a fiberoptic cable from Kansas electronic exchange to the New York Stock Exchange in order to front run orders in a new high-frequency trading (HFT) operation. Taylor buys into the idea. Meanwhile, Vincent and his cousin Anton Zaleski are still employed by Eva Torres, where Anton programs trading software. Eva is also working on several ideas for HFT. Soon enough, ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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CBS This Morning
''CBS This Morning'' (''CTM'') is an American morning television program that aired on CBS from November 30, 1987, to October 29, 1999, and again from January 9, 2012, to September 6, 2021. The program was aired from Monday through Saturday. It aired live from 7:00 a.m. to 9:00 a.m. in the Eastern Time Zone. On weekdays, it aired on a tape-delay in the Central and Mountain Time Zones; stations in the Pacific, Alaska and Hawaii Time Zones received an updated feed with a specialized opening and updated live reports. Stations outside the Eastern Time Zone carried the Saturday broadcast at varied times. It was the tenth distinct morning news-features program format that CBS has aired since 1954, having replaced ''The Early Show'' on January 9, 2012. The program emphasized general national and international news stories and in-depth reports throughout each edition, although it also included live in-studio and pre-taped interviews. The format was chosen as an alterna ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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New York City
New York, often called New York City or NYC, is the most populous city in the United States. With a 2020 population of 8,804,190 distributed over , New York City is also the most densely populated major city in the United States, and is more than twice as populous as second-place Los Angeles. New York City lies at the southern tip of New York State, and constitutes the geographical and demographic center of both the Northeast megalopolis and the New York metropolitan area, the largest metropolitan area in the world by urban landmass. With over 20.1 million people in its metropolitan statistical area and 23.5 million in its combined statistical area as of 2020, New York is one of the world's most populous megacities, and over 58 million people live within of the city. New York City is a global cultural, financial, entertainment, and media center with a significant influence on commerce, health care and life sciences, research, technology, educa ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Slate (magazine)
''Slate'' is an online magazine that covers current affairs, politics, and culture in the United States. It was created in 1996 by former ''The New Republic, New Republic'' editor Michael Kinsley, initially under the ownership of Microsoft as part of MSN. In 2004, it was purchased by Graham Holdings, The Washington Post Company (later renamed the Graham Holdings Company), and since 2008 has been managed by The Slate Group, an online publishing entity created by Graham Holdings. ''Slate'' is based in New York City, with an additional office in Washington, D.C. ''Slate'', which is updated throughout the day, covers politics, arts and culture, sports, and news. According to its former editor-in-chief Julia Turner (journalist), Julia Turner, the magazine is "not fundamentally a breaking news source", but rather aimed at helping readers to "analyze and understand and interpret the world" with witty and entertaining writing. As of mid-2015, it publishes about 1,500 stories per month. ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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The Economist
''The Economist'' is a British weekly newspaper printed in demitab format and published digitally. It focuses on current affairs, international business, politics, technology, and culture. Based in London, the newspaper is owned by The Economist Group, with its core editorial offices in the United States, as well as across major cities in continental Europe, Asia, and the Middle East. In 2019, its average global print circulation was over 909,476; this, combined with its digital presence, runs to over 1.6 million. Across its social media platforms, it reaches an audience of 35 million, as of 2016. The newspaper has a prominent focus on data journalism and interpretive analysis over original reporting, to both criticism and acclaim. Founded in 1843, ''The Economist'' was first circulated by Scottish economist James Wilson to muster support for abolishing the British Corn Laws (1815–1846), a system of import tariffs. Over time, the newspaper's coverage expanded furthe ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Microwave Transmission
Microwave transmission is the transmission of information by electromagnetic waves with wavelengths in the microwave frequency range of 300MHz to 300GHz(1 m - 1 mm wavelength) of the electromagnetic spectrum. Microwave signals are normally limited to the line of sight, so long-distance transmission using these signals requires a series of repeaters forming a microwave relay network. It is possible to use microwave signals in over-the-horizon communications using tropospheric scatter, but such systems are expensive and generally used only in specialist roles. Although an experimental microwave telecommunication link across the English Channel was demonstrated in 1931, the development of radar in World War II provided the technology for practical exploitation of microwave communication. During the war, the British Army introduced the Wireless Set No. 10, which used microwave relays to multiplex eight telephone channels over long distances. A link across the English Channel ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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The Wall Street Journal
''The Wall Street Journal'' is an American business-focused, international daily newspaper based in New York City, with international editions also available in Chinese and Japanese. The ''Journal'', along with its Asian editions, is published six days a week by Dow Jones & Company, a division of News Corp. The newspaper is published in the broadsheet format and online. The ''Journal'' has been printed continuously since its inception on July 8, 1889, by Charles Dow, Edward Jones, and Charles Bergstresser. The ''Journal'' is regarded as a newspaper of record, particularly in terms of business and financial news. The newspaper has won 38 Pulitzer Prizes, the most recent in 2019. ''The Wall Street Journal'' is one of the largest newspapers in the United States by circulation, with a circulation of about 2.834million copies (including nearly 1,829,000 digital sales) compared with '' USA Today''s 1.7million. The ''Journal'' publishes the luxury news and lifestyle magazine ' ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Reuters
Reuters ( ) is a news agency owned by Thomson Reuters Corporation. It employs around 2,500 journalists and 600 photojournalists in about 200 locations worldwide. Reuters is one of the largest news agencies in the world. The agency was established in London in 1851 by the German-born Paul Reuter. It was acquired by the Thomson Corporation of Canada in 2008 and now makes up the media division of Thomson Reuters. History 19th century Paul Reuter worked at a book-publishing firm in Berlin and was involved in distributing radical pamphlets at the beginning of the Revolutions in 1848. These publications brought much attention to Reuter, who in 1850 developed a prototype news service in Aachen using homing pigeons and electric telegraphy from 1851 on, in order to transmit messages between Brussels and Aachen, in what today is Aachen's Reuters House. Reuter moved to London in 1851 and established a news wire agency at the London Royal Exchange. Headquartered in London, R ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Programmer
A computer programmer, sometimes referred to as a software developer, a software engineer, a programmer or a coder, is a person who creates computer programs — often for larger computer software. A programmer is someone who writes/creates computer software or applications by providing a specific programming language to the computer. Most programmers have extensive computing and coding experience in many varieties of programming languages and platforms, such as Structured Query Language (SQL), Perl, Extensible Markup Language (XML), PHP, HTML, C, C++ and Java. A programmer's most often-used computer language (e.g., Assembly, C, C++, C#, JavaScript, Lisp, Python, Java, etc.) may be prefixed to the aforementioned terms. Some who work with web programming languages may also prefix their titles with ''web''. Terminology There is no industry-wide standard terminology, so "programmer" and " software engineer" might refer to the same role at different companies. Most typica ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Exchange (organized Market)
An exchange, bourse (), trading exchange or trading venue is an organized market where (especially) tradable securities, commodities, foreign exchange, futures, and options contracts are bought and sold. History 12th century: Brokers on the Grand Bridge, France In the twelfth century, foreign exchange dealers in France were responsible for controlling and regulating the debts of agricultural communities on behalf of banks. These were actually the first brokers. They met on the Grand Bridge in Paris, the current Pont au Change. It takes its name from the forex brokers. 13th century: ''Huis ter Beurze'', Belgium The term ''bourse'') which was later used as bursa in Medieval Latin to refer to the "purse". is related to the 13th-century inn named "'' Huis ter Beurze''" owned by family in Bruges, Belgium, where traders and foreign merchants from across Europe, especially the Italian Republics of Genoa, Florence and Venice, conducted business in the late medieval period. The bui ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Nanosecond
A nanosecond (ns) is a unit of time in the International System of Units (SI) equal to one billionth of a second, that is, of a second, or 10 seconds. The term combines the SI prefix ''nano-'' indicating a 1 billionth submultiple of an SI unit (e.g. nanogram, nanometre, etc.) and ''second'', the primary unit of time in the SI. A nanosecond is equal to 1000 picoseconds or microsecond. Time units ranging between 10 and 10 seconds are typically expressed as tens or hundreds of nanoseconds. Time units of this granularity are commonly found in telecommunications, pulsed lasers, and related aspects of electronics. Common measurements * 0.001 nanoseconds – one picosecond * 0.5 nanoseconds – the half-life of beryllium-13. * 0.96 nanoseconds – 100 Gigabit Ethernet Interpacket gap * 1.0 nanosecond – cycle time of an electromagnetic wave with a frequency of 1 GHz (1 hertz). * 1.0 nanosecond – electromagnetic wavelength of 1 light-nanosecond. ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |