Profile of Phil AlbinusContributing Editor
Member Since: 5/8/2014
Blog Posts: 440
Phil Albinus is the former editor-in-chief of Advanced Trading. He has nearly two decades of journalism experience and has been covering financial technology and regulation for nine years. Before joining Advanced Trading, he served as editor of Waters, a monthly trade journal that analyzed the challenges of the CIO for sell side, buy side firms and exchanges. He has moderated countless briefings, webinars and industry panels. He has a Bachelor of Arts in English from the State University of New York at New Paltz and lives with his wife and three children in Ossining, NY. Follow him in Twitter at @philalbinus
Articles by Phil Albinus
posted in October 2011
A portion of the blame for the market's current volatility and the great divide of wealth in this nation can be laid at the feet of algorithmic trading.
Quant expert Paul Wilmott tells Advanced Trading that Wall Street's risk models share a fundamental flaw, and that traders are all too happy to ignore their true risk exposure in search of profits.