Week InReview: September 16, 2016

Quote of the Week "While the SEC was carrying out its approval process of IEX over the past several months, Ernst and Young has been running an advertising campaign with the slogan 'How human is your algorithm?' We can answer in the words of the German philosopher Nietzsche: 'Human, all too human'. While high-frequency traders strive to develop algorithms that appear scientific and rational, purged of human emotion, the daily work of high-frequency traders has more in common with Nietzsche's dictum than with a computer program. HFT is also High-Feelings Trading."
Socializing Finance:
Nietzsche's take on high-frequency trading

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