Latency Arbitrage

One way or another, that money is coming out of your retirement account. Think of it like the old movie The Sting. High-speed traders already know who has won the horse race when your mutual fund manager lays his bet. You’re guaranteed to come out a loser. You’re losing in small increments, but every mickle makes a muckle — especially in a tough market.

— Make $377,000 trading Apple in one day

Financial innovation! The system works!

Published by

Daniel J. Wilson

I am a designer, drummer, and photographer in Brooklyn, NY.