Blackboxes or Beatboxes
Markets are now the playing field of computers collocated close to exchange matching engines. These computers compete with the microseconds timescale each of them trying to make profit from stocks, options and other types of contracts. Profit for these computer is often less than a penny by trades but unlike human these computers can trades millions of time a day making a reasonable profit on a daily basis. Opinions are divided between those who think that computers make the financial markets more efficient and those who argue the opposite. It’s sure that these computers are becoming smarter and smarter for detecting profitable patterns but they also are leaving patterns exploitable by may be a supercomputer which is able to compute huge amount of data quickly. Markets is now held by great programmers, data scientists and mathematicians, not by specialists of economy. Prices changes travel at the speed of light and sound through specialized network built by individuals who independently build infrastructure for hedging miles. Miles is money for these folks sound also is. Microwaves allowed this type of infrastructural hedges ….. there are Dj in financial markets.