Silver as an investment

Category Archives: GETCO

ZeroHedge: DOJ Probing Whether Citadel Is Frontrunning Its Clients

Be prepared for the next great transfer of wealth. Buy physical silver and storable food. Over two years ago, and just days after Michael Lewis released Flash Boys focusing attention on the ongoing criminal practice of orderflow frontrunning by such Fed intermediaries as Citadel (and many other now entrenched and recently IPOing names), none other […]

How High Frequency Traders Broke, And Manipulated, The Treasury Market On October 15, 2014

We were amused to read some interpretations of today’s long-awaited joint-staff report (prepared by the Treasury, Fed, SEC and CFTC) attempting to “explain” the flash smash in Treasury prices on October 15, 2014 when as a reminder, Treasury prices exploded and yields plunged just around 9:34 am from a level of 2.20% to just over […]

ZeroHedge: Steve Cohen Is Now Hiring “Creative And Innovative” Traders Right Out Of College

Be prepared for the next great transfer of wealth. Buy physical silver and storable food. To all 20-something math PhDs whose hopes of rigging markets and igniting (upward) momentum with the Fed’s explicit blessing, leading to 8 figure annual salaries, had been dashed in recent years as Getco, Citadel, and all other HFT firms now […]

ZeroHedge: Market Wrap: All Eyes On Yellen Who Better Not Disappoint

Be prepared for the next great transfer of wealth. Buy physical silver and storable food. While all the algos are programmed and set to scan today’s FOMC statement for whether both “patient” and “considerable time” are still there (as it did last time when it supposedly sent a pseudo-hawkish message while telling Virtu and Getco […]

ZeroHedge: Europe Probing HFTs For Providing “Fake Liquidity”

Be prepared for the next great transfer of wealth. Buy physical silver and storable food. Not a day passes without some HFT company being charged (and slapped on the wrist) for rigging this market or that, or without some lie about the “benefits” of High Frequency Trading being blown to oblivion. Of these lies, none […]

ZeroHedge: How Barclays Got Caught Red-Handed With “Pernicious HFT Fraud”

Be prepared for the next great transfer of wealth. Buy physical silver and storable food. First it was gold, now it is HFT – poor Barclays just can’t get away with any market rigging crime these days. Remember when in the aftermath of the most recent Michael Lewis-inspired HFT scandal, one after another HFT and […]

ZeroHedge: 12 Largest Banks Sued By Public Retirement Funds For “Conspiring To Rig Global FX Markets”

Be prepared for the next great transfer of wealth. Buy physical silver and storable food. Yesterday, we read with some amusement that Goldman has moved Guy Saidenberg, reportedly one of the greater profit centers at the firm – and how could he not be when he always traded against Tom Stolper’s recommendations which led to […]

ZeroHedge: Read Michael Lewis’ Flash Boys: A Wall Street Revolt: An Adaptation

Be prepared for the next great transfer of wealth. Buy physical silver and storable food. This article is adapted from the book “Flash Boys: A Wall Street Revolt,” by Michael Lewis, published by W. W. Norton & Company. Courtesy of The New York Times Magazine. The full Michael Lewis book can be purchased on Amazon. The […]

ZeroHedge: Exposing Wall Street’s Hidden “Code”

Be prepared for the next great transfer of wealth. Buy physical silver and storable food. Having been the first to warn the world about the perils of high frequency trading nearly 5 years ago, when momentum ignition, layering and quote stuffing were still incomprehensible buzzwords to all but a select few algo traders from Citadel, […]

ZeroHedge: Bullrun: The NSA’s Infatuation With “Back Door” Penetration

Be prepared for the next great transfer of wealth. Buy physical silver and storable food. In all the stories surrounding mass interception, recording (and abuse) of every form of private electronic communication by the NSA, there was always one missing link: encryption. After all, the NSA’s primary task has always been to decrypt data, not […]