Is Jon Corzine Starting a Hedge Fund? And More Speculation from Wall Street
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2. I Need a Runner!
Although not even the strongest critics of high-speed trading are calling for rules to turn back the clock to 900 characters a minute, there is a growing consensus that the potential negative consequences of raw speed need to be addressed for the good of the financial markets.
--Eric Owles, writing in his NY Times column about how technology has reduced stock trading to milliseconds
Source: NY Times Dealbook: Wall Street's Race to the 48-Millisecond Trade
Greg MacSweeney is editorial director of InformationWeek Financial Services, whose brands include Wall Street & Technology, Bank Systems & Technology, Advanced Trading, and Insurance & Technology. View Full Bio
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