Posts Tagged ‘Skynet’

Book Review: Inside the Black Box

Book Review: Inside the Black Box

By The Banker | Book Reviews, Investing, Wall Street

I read Rishi Narang’s Inside the Black Box as a kind of primer on quantitative trading, in advance of reading Michael Lewis’ Flash Boys. Need for a primer on quantitative trading I need a primer before reading Flash Boys for several reasons. I was an ‘over-the-counter’ institutional bond guy, rather than a participant in the exchange-traded [&hellip

The Rise of the Machines

The Rise of the Machines

By The Banker | Blog Posts

SkyNet made its mark on US stocks again this morning at the market open, as about a dozen companies saw their shares jump or plummet wildly in the opening minutes on the New York Stock Exchange, on exactly zero news, most likely due to computer-driven orders, and with no human input. Outside of the specialized [&hellip