Speed Traders Make Peanuts in Profits From Plays on Economic Data

Emory University researchers examined how much the fastest firms earn with two key financial products in the moments after major U.S. economic data comes out. “They’re not able to make a lot of money from exploiting slow investors following macroeconomic news,” Clifton Green, an associate professor of finance at Emory and one of three authors of the paper, said in a phone interview.



from Google News, Yahoo! News, Wikinews, NY Times National News by search term http://ift.tt/1F9Quym

via IFTTT