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Central Bank Buying Of S&P 500 Futures Extended Until End Of 2015
Three months ago, we revealed that - with absolute certainty - foreign central banks trade (and by "trade" we mean "buy") S&P 500 futures such as the E-mini, in both futures and option form, as...
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Deutsche, Barclays FX Algos Busted For FX Rigging
First it was humans. Now it is vacuum tubes. Having quickly learned that letting carbon-based traders engage in FX (or stock, or bond, or Libor, but not gold, never gold) rigging usually leads to said...
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Berserk, Broken Rampathon Algo "Buys" The S&P At 2,130
4 seconds before the close, one super-bullish algorithm exuberantly bought a massive $200 million worth of the S&P 500 ETF up to a 2,130 level on the index in one second... and no - it was not a...
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Frenzied Chinese Stock Buyers Soak Up So Much Liquidity, Central Bank Forced...
While today's rabid explosion in the S&P500, coupled with a literal break in the NY Fed/Citadel market boosting algo which went haywire in the last moments of trading and pushed the S&P up to...
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HFT Accounts For 76% Of All Orders In Europe
By now everyone knows that when it comes to the US stock market, only two things matter: i) will the NY Fed's Kevin Henry, ETF wizard extraordinaire, in conjunction with Citadel buy SPY 2% above the...
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Just One Question About Yesterday's Last Minute "Berserk ETF" Freak Out
With 4 seconds to the close of yesterday's epic trading session, someone executed over $200 million and 1,147 trades in SPY - the S&P 500 ETF - in one-second, lifting the price to a S&P level...
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Economic Data Bonanza Set To Send Algos Spasming To Recorder Highs
With the wind down of the record 2014 trading slump now in its final days (although judging by volumes throughout the year one may have a difficult time noticing just when the holidays began and...
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Dow Over 18,000: Stocks Surge To Record-est Highs, Bond Bloodbath Ensues
Hhhmmm.... 1000 Points in 5 days... Dow 18,000... All-Time Record-er Highs... Best GDP In 11 Years... Shitty Durable Goods... Treasuries Crash... Crude Surges... Biotechs batteredWhat Tepper is worried...
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Meet The Person Who Will Determine If The Market Is "Fair
A week ago, we were surprised to learn that one of the most prominent critics of HFT, Joseph Stiglitz, had been barred from an SEC Panel that will "advise regulators on issues facing U.S. equity...
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Europe Probing HFTs For Providing "Fake Liquidity"
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...
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Steve Cohen Is Now Hiring "Creative And Innovative" Traders Right Out Of College
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...
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The Singularity Is Already Here - It's Name Is Big Data
Submitted by Ben Hunt via Salient Partners' Epsilon Theory blog,I never noticed it until'Twas gone - the narrow copseWhere now the woodman lopsThe last of the willows with his bill– Edward Thomas,...
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High Frequency Robber Barrons
From Eric Hunsader of NanexRobber BarronsThe February 28, 2015 weekend edition of Barron's carried an article by Bill Alpert about how trading has never been better for "The Little Guy". Alpert claimed...
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Parasite Turns On Parasite: HFT Sues Other HFTs For "Egregious Manipulation"...
There was a time when those who dared to call out the massive Libor manipulation conspiracy (such as what Zero Hedge did with one of its first posts in 2009) for being a massive Libor manipulation...
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Dollar Regains Most Of Yesterday's "Flash Crash" Losses. Oil Resumes Slide;...
If it was the Fed's intention to slow down the relentless surge in the dollar with yesterday's "impatient" removal which blamed the dollar strength on the "strength" in the US economy, it promptly...
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BIS Slams The Fed: The Solution To Bubbles Is Not More Bubbles, It Is...
On one hand there are hard-core Keynesians who will wave the flag of inflation as the only cure to a world drowning in debt, even after the mushroom cloud results of their policies going off around the...
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This Is The HFT "Malfunction" That "Roiled" The Market And Cost Citadel $70,000
Back on June 3, 2013, following what was merely the latest observation of how broken the market is thanks to central banks manipulation and HFT rigging, we wrote the following:Why did the E-Mini just...
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Market Is Rigged, HFTs Are Harmful, And Nothing Will Change According To...
Earlier today we told (or more appropriately “retold,” because we called it for what it was right after it happened two years ago) the story of a Citadel algo gone rogue that inadvertently played havoc...
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Futures Tumble As Yemen War Starts; Oil, Gold Surges
In a somewhat surprising turn of events, this morning's futures reaction to last night's shocking start of a completely unexpected Yemen proxy war, which has seen an alliance of Gulf State launch an...
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Janet Yellen To Discuss "The New Normal For Monetary Policy"
In a few minutes, Janet Yellen will address a lunch session in her native SF Fed (the same place which earlier this week finally figured out what debt is) during a conference whose topic is The New...
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