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Competition

Another ‘flash rise’ due to algorithmic trading

October 4, 2013 0 Comments
Another ‘flash rise’ due to algorithmic trading

Tyler Durden over at Zero Hedge has posted an absolutely fascinating video showing the interacting trading algorithms that analyzed a newsfeed regarding Radio Shack financing plans and reacted accordingly: News yesterday that Radioshack was planning to seek new debt financing in order to give suppliers more confidence – which in itself is kind of ironic […]

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The rise of the machines: annals in high-speed trading

September 20, 2013 0 Comments
The rise of the machines: annals in high-speed trading

Several years ago, I served as an expert witness in a trade secrets lawsuit involving algorithmic high-speed trading and learned some fascinating things in the process (most of which I can’t talk about). So it was with some interest that I read this article about the market’s near-instantaneous reaction to the Federal Reserve’s decision not […]

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An IT success, albeit an expensive one

September 17, 2013 0 Comments
An IT success, albeit an expensive one

  Since I’ve been writing a lot about large-scale IT project failures, here’s a story about a troubled-but-completed IT project: the CalPERS re-engineering effort. It’s hard to call it successful when it cost double the original estimate ($586 million vs. $279 million), took over 16 years (it started in 1995 and went live in 2011), […]

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Why Ballmer Failed

August 25, 2013 1 Comment
Why Ballmer Failed

Derek Thompson over at the Atlantic has put together a very useful, brief article outlining what has happened at Microsoft under Steve Ballmer’s watch. Most significant is this graph:   That tells the story in a nutshell, but go read the whole article — it’s worth it.

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