Friday, 8 November 2013

Wall St Queue Jumpers - HIgh Frequency Trading Algorithms

Whether you're Capitalist, Anti Capitalist or indifferent, this is one of the best money documentaries I've seen in a while. It conveyed to me that high frequency trading has nothing to do with economics because it is its own economic system and larger than the system it feeds off for reasons of mutual and pension fund buying patterns.

Where it also got interesting for me is the documentary is stuffed with the best of the best brains. The climate scientists, biological mathematicians, algorithm developers blah blah blah who all make money on Wall St instead of doing something useful for the planet.

Haim Bodeck is a legend in these circles but despite is awesome brain power it took him a year to realise it wasn't his algorithm code that fucked up, but was instead a conspiracy by others to jump the queue in orders on Wall St.

This is much like JFK and 9/11 conspiracy. Unless you can conceive it is possible, it doesn't matter how much evidence is in front of your eyes you will block it. As I've always said. It's the implications of conspiracy that freaks people out and I'm afraid most of the complex corruption cases called conspiracy (that I study) are true.

The world is not as it seems. 

Watch this documentary. 

It's important.