henry_flower (
henry_flower) wrote2014-04-06 08:59 pm
Entry tags:
'Immediacy costs money. Markets have always moved prices away from large orders. Market participants
'Immediacy costs money. Markets have always moved prices away from large orders. Market participants have always been able to cancel or move a limit order. That’s one of the features of the limit order.
If Katsuyama didn’t understand these simple facts, he had no business collecting a $2 million a year paycheck shopping blocks for his customers, because he didn’t understand the basics of his profession. It’s possible that Lewis simply misunderstood something Katsuyama explained to him. It’s also possible that Katsuyama is a shark who told Lewis a lot of bullshit to get good press for IEX. This leaves only two possibilities: either Lewis is a credulous idiot who is not competent as a journalist, or Katsuyama is an idiot who was not competent as a trader. Take your pick.'
Мой вариант: тролль выставил акулу посмешищем. Поцаны, книжка--чтиво для поднятия настроения; даже абсолютный outsider (как я), видит насколько все толсто.
If Katsuyama didn’t understand these simple facts, he had no business collecting a $2 million a year paycheck shopping blocks for his customers, because he didn’t understand the basics of his profession. It’s possible that Lewis simply misunderstood something Katsuyama explained to him. It’s also possible that Katsuyama is a shark who told Lewis a lot of bullshit to get good press for IEX. This leaves only two possibilities: either Lewis is a credulous idiot who is not competent as a journalist, or Katsuyama is an idiot who was not competent as a trader. Take your pick.'
Мой вариант: тролль выставил акулу посмешищем. Поцаны, книжка--чтиво для поднятия настроения; даже абсолютный outsider (как я), видит насколько все толсто.
Permalink: https://plus.google.com/115290581164606462017/posts/GEt9rtgjFNG
