pondelok 10. októbra 2011

"Cheetah" Traders October 10, 2011


These "cheetah" traders are notorious for slipping in and out of markets, causing  many mini crashes in markets. For example, when silver plunged 13% in 12 minutes on May 1st, or on June 9th the market in natural gas futures fell 8% in just 14 seconds. We know mostly nothing about these "cheetahs" that are known to be very primitive 19th century robber barons, most working from Prague, Czechoslovakia, the places that ranked 3rd on the "cheetah" biggie's list.

Article: http://www.forbes.com/sites/robertlenzner/2011/10/08/cheetah-traders-are-dangerously-controlling-our-markets/

What I learned is that technology has made it a lot harder to control everything that influences the economy, market, and society. It's also interesting that nobody really knows who these people are, that are making these markets unfair, and the fact that they control 50% of all trading in Europe and 30% in the U.S. This article relates to what we are talking about in class because if certain markets are all of a sudden rising or dropping prices or any other factor for that matter it causes supply shifts, demand shifts, etc.