{"id":6644,"date":"2013-02-06T13:42:43","date_gmt":"2013-02-06T18:42:43","guid":{"rendered":"http:\/\/goldstocksforex.com\/?p=6644"},"modified":"2013-02-06T13:42:43","modified_gmt":"2013-02-06T18:42:43","slug":"high-frequency-trading-fake-quotes-business-insider","status":"publish","type":"post","link":"https:\/\/thepatientinvestor.com\/index.php\/2013\/02\/06\/high-frequency-trading-fake-quotes-business-insider\/","title":{"rendered":"High Frequency Trading Fake Quotes &#124; Business Insider"},"content":{"rendered":"<p>Linette Lopez writes:<\/p>\n<blockquote style=\"background-color:#ddddff;\"><p>Nanex, a Chicago-based market research firm, sent us a chart that illustrates what can stand in a trader&#8217;s way when they&#8217;re trying to quote the right price&#8230;&#8230;<\/p>\n<p>&#8220;It happens all the time,&#8221; [Nanex CEO Eric] Hunsader told Business Insider. &#8220;It crowds out legitimate prices&#8230; it&#8217;s like SPAM. Maybe one of these guys is a legit offer but there&#8217;s no way of knowing.&#8221;<\/p>\n<\/blockquote>\n<p>View chart at <a href='http:\/\/www.businessinsider.com\/high-frequency-trading-fake-quotes-2013-2'>High Frequency Trading Fake Quotes &#8211; Business Insider<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Linette Lopez writes: Nanex, a Chicago-based market research firm, sent us a chart that illustrates what can stand in a trader&#8217;s way when they&#8217;re trying to quote the right price&#8230;&#8230; &#8220;It happens all the time,&#8221; [Nanex CEO Eric] Hunsader told Business Insider. &#8220;It crowds out legitimate prices&#8230; it&#8217;s like SPAM. Maybe one of these guys &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/thepatientinvestor.com\/index.php\/2013\/02\/06\/high-frequency-trading-fake-quotes-business-insider\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;High Frequency Trading Fake Quotes &#124; Business Insider&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[32],"tags":[1685,2397],"class_list":["post-6644","post","type-post","status-publish","format-standard","hentry","category-trading","tag-high-frequency-trading","tag-nanex"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>High Frequency Trading Fake Quotes &#124; Business Insider - the patient investor<\/title>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"High Frequency Trading Fake Quotes &#124; Business Insider - the patient investor\" \/>\n<meta property=\"og:description\" content=\"Linette Lopez writes: Nanex, a Chicago-based market research firm, sent us a chart that illustrates what can stand in a trader&#8217;s way when they&#8217;re trying to quote the right price&#8230;&#8230; &#8220;It happens all the time,&#8221; [Nanex CEO Eric] Hunsader told Business Insider. &#8220;It crowds out legitimate prices&#8230; it&#8217;s like SPAM. Maybe one of these guys &hellip; Continue reading &quot;High Frequency Trading Fake Quotes &#124; Business Insider&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/thepatientinvestor.com\/index.php\/2013\/02\/06\/high-frequency-trading-fake-quotes-business-insider\/\" \/>\n<meta property=\"og:site_name\" content=\"the patient investor\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/profile.php?id=61572934660810\" \/>\n<meta property=\"article:author\" content=\"https:\/\/facebook.com\/people\/The-Patient-Investor\/61572934660810\/\" \/>\n<meta property=\"article:published_time\" content=\"2013-02-06T18:42:43+00:00\" \/>\n<meta name=\"author\" content=\"Colin Twiggs\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Colin Twiggs\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2013\\\/02\\\/06\\\/high-frequency-trading-fake-quotes-business-insider\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2013\\\/02\\\/06\\\/high-frequency-trading-fake-quotes-business-insider\\\/\"},\"author\":{\"name\":\"Colin Twiggs\",\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/#\\\/schema\\\/person\\\/d42b18d516a80149d739845749ac6454\"},\"headline\":\"High Frequency Trading Fake Quotes &#124; Business Insider\",\"datePublished\":\"2013-02-06T18:42:43+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2013\\\/02\\\/06\\\/high-frequency-trading-fake-quotes-business-insider\\\/\"},\"wordCount\":83,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/#organization\"},\"keywords\":[\"high frequency trading\",\"Nanex\"],\"articleSection\":[\"Trading\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2013\\\/02\\\/06\\\/high-frequency-trading-fake-quotes-business-insider\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2013\\\/02\\\/06\\\/high-frequency-trading-fake-quotes-business-insider\\\/\",\"url\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2013\\\/02\\\/06\\\/high-frequency-trading-fake-quotes-business-insider\\\/\",\"name\":\"High Frequency Trading Fake Quotes &#124; Business Insider - the patient investor\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/#website\"},\"datePublished\":\"2013-02-06T18:42:43+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2013\\\/02\\\/06\\\/high-frequency-trading-fake-quotes-business-insider\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2013\\\/02\\\/06\\\/high-frequency-trading-fake-quotes-business-insider\\\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2013\\\/02\\\/06\\\/high-frequency-trading-fake-quotes-business-insider\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/thepatientinvestor.com\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"High Frequency Trading Fake Quotes &#124; Business Insider\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/#website\",\"url\":\"https:\\\/\\\/thepatientinvestor.com\\\/\",\"name\":\"The Patient Investor\",\"description\":\"Smart. 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He founded PVT Capital (AFSL number 546090), which provides income and growth strategies to wholesale clients. Colin also co-founded Incredible Charts and writes the popular Patient Investor newsletter. Using a top-down approach, Colin identifies macro trends in the global economy and then combines fundamental and technical analysis to evaluate opportunities in sectors that stand to benefit. 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He founded PVT Capital (AFSL number 546090), which provides income and growth strategies to wholesale clients. Colin also co-founded Incredible Charts and writes the popular Patient Investor newsletter. Using a top-down approach, Colin identifies macro trends in the global economy and then combines fundamental and technical analysis to evaluate opportunities in sectors that stand to benefit. 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Mr. Bodek approached the Securities and Exchange Commission last year alleging that stock exchanges, in a race for more revenue, had worked with rapid-fire trading\u2026","rel":"","context":"In &quot;Stock Markets&quot;","block_context":{"text":"Stock Markets","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/stock-markets\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":5258,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/08\/14\/bbc-news-high-frequency-trading-and-the-440m-mistake\/","url_meta":{"origin":6644,"position":1},"title":"BBC News &#8211; High-frequency trading and the $440m mistake","author":"Colin Twiggs","date":"August 14, 2012","format":false,"excerpt":"By Tim Harford ......There are two rather more predatory strategies. One is called algo-sniffing. Here, a super-fast computer tries to find other computers going about their everyday business of buying or selling shares, and figures out what they're going to do and when. The algo-sniffer can then get ahead of\u2026","rel":"","context":"In &quot;Trading&quot;","block_context":{"text":"Trading","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/trading\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":6356,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/12\/04\/how-regulations-led-to-high-frequency-trading\/","url_meta":{"origin":6644,"position":2},"title":"How Regulations Led to High-Frequency Trading","author":"Colin Twiggs","date":"December 4, 2012","format":false,"excerpt":"John Carney writes that high frequency trading is an unintended consequence of regulatory action to remove market specialists: High frequency trading grew up in the aftermath of a decades-long struggle by Congress, the SEC, and the stock exchanges to stamp out the specialists, who were accused of front-running customers, favoritism\u2026","rel":"","context":"In &quot;Stock Markets&quot;","block_context":{"text":"Stock Markets","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/stock-markets\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":4379,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/05\/16\/attention-frustrated-chartists-it-aint-high-frequency-trading-its-the-macro-seeking-alpha\/","url_meta":{"origin":6644,"position":3},"title":"Attention Frustrated Chartists: It Ain&#039;t High-Frequency Trading, It&#039;s The Macro &#8211; Seeking Alpha","author":"Colin Twiggs","date":"May 16, 2012","format":false,"excerpt":"To me, the Occam's Razor explanation for why charts have gone Daffy Duck is not because of [HFT]robots, but simply because the macro environment has been bizarre \u2026 like \"unprecedented in history\" bizarre. And it's been this way for a while now.via Attention Frustrated Chartists: It Ain't High-Frequency Trading, It's\u2026","rel":"","context":"In &quot;Trading&quot;","block_context":{"text":"Trading","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/trading\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":5253,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/08\/14\/french-high-frequency-trading-tax-enters-into-force\/","url_meta":{"origin":6644,"position":4},"title":"French High Frequency Trading Tax Enters Into Force","author":"Colin Twiggs","date":"August 14, 2012","format":false,"excerpt":"By Ulrika Lomas, Tax-News.com, Brussels 14 August 2012 France has enacted a tax on high frequency trading, at a flat rate of 0.01%. This move coincides with a similar draft law under consideration in Germany......Market makers are expressly exempt. via French High Frequency Trading Tax Enters Into Force.","rel":"","context":"In &quot;UK &amp; Europe&quot;","block_context":{"text":"UK &amp; Europe","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/uk-europe-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":7058,"url":"https:\/\/thepatientinvestor.com\/index.php\/2013\/03\/18\/asic-high-frequency-trading-taskforce-key-findings\/","url_meta":{"origin":6644,"position":5},"title":"ASIC: High-frequency trading taskforce\u2014Key findings","author":"Colin Twiggs","date":"March 18, 2013","format":false,"excerpt":"Findings of the recent ASIC investigation into dark liquidity and high-frequency trading. The high-frequency trading taskforce found that: (a) some of the commonly held negative perceptions about high-frequency trading are not supported by our analysis of Australian markets\u2014for example: (i) that high-frequency traders exhibit unacceptably high order-to-trade ratios. Increases in\u2026","rel":"","context":"In &quot;Australia &amp; NZ&quot;","block_context":{"text":"Australia &amp; NZ","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/australia-nz-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/6644","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/comments?post=6644"}],"version-history":[{"count":0,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/6644\/revisions"}],"wp:attachment":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/media?parent=6644"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/categories?post=6644"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/tags?post=6644"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}