Lewis vs
Bolt
Bublé vs Sinatra
Palin vs
Ryan
HFT Algorithms
vs Fat Fingers
The debates
rage. Well, at least one of them does (Ed: Bublé? Are you serious?). A comparison:
HFT Algorithms
|
Fat Fingers
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Pro: the word ‘algorithm’
sounds cool. Its derivation from the name of an 8th century Iranian mathematician who failed to anticipate Stuxnet is now forgotten.
|
Con: uncool phrase.
Except for weight loss stocks.
|
Pro (submitted by
various Investor Relations Depts): difficult for punters to understand, lends itself to marketing & shifts focus from content to
bells and whistles
|
Pro: easy for Senate
Committees & Parliamentary Inquiries to understand and score partisan
points off.
|
Pro: burgeoning
career field for computer programmers
|
Con: a world where an
”extra
zero” is not what you had in mind. At all.
|
Pro (submitted by GS
Legal Dept): rich
pickings for lawyers
|
Pro: rich pickings
for comedic material.
|
Pro (submitted by
Citadel LLC): capable of destroying one’s competitors in 10 minutes. Also
capable of same for an entire capital market. Which may be regarded by some
as a ‘con’.
|
Pro: unlikely to
threaten the capitalist system but nonetheless an innovative way for Governments
to lose taxpayers’ money.
|
Pro: win while you
sleep seductiveness
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Con: work while you
sleep / update your Facebook page issues.
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