flash crash

High Frequency Trading: An Overview

High frequency trading (“HFT,” and also known as low-latency trading) is the use of automated programs to execute securities orders rapidly, generally to take advantage of small market disparities.  Importantly, statistics indicate that HFT currently comprises approximately 50% to 70% of United States daily equity volume. While HFT has undeniably provided important benefits for investors, […]

LEAVE A COMMENT :: TAGS ,
POSTED IN Capital Markets

Up to BATS: An IPO Swing and a Miss

There is nothing more embarrassing for a baseball player than an unforced error – especially when that error consists of tripping over your own feet, falling on your face, and getting hit in the back of the head by the ball you were supposed to catch easily. This is the essence of what happened to […]

LEAVE A COMMENT :: TAGS , ,
POSTED IN Capital Markets

SEC Finally Responds to the Flash Crash

On May 6, 2010, the Dow plunged nearly 9.8% in 10 minutes, its biggest intraday point drop ever, according to the Wall Street Journal. After the midafternoon collapse, the Dow recovered to close only 3.2% below the prior day. Many individual equity securities and exchange traded funds (“ETFs”) suffered similar declines and reversals within a […]

LEAVE A COMMENT :: TAGS
POSTED IN Securities Regulation

- Fordham Corporate Center