Declawing Speed Traders Is Goal Of Stock Market Revamp Proposal

Budish, who co-authored a research paper on his proposal, said he has spoken about the concept to staff at exchange operators, broker-dealers and dark pool operators, high-frequency trading firms and regulators in the U.S. and Europe . He declined to name the organizations because the invitations were private. Malfunctions Man, Machine and the U.S. Stock Market The paper, the latest version of which was published on Dec. 23, also says that auctions through the day could reduce the number of technical malfunctions in the stock market because they would put less strain on systems. Non-stop markets create a race between speed traders, Budish said. While one high-frequency firm taking advantage of another doesnt seem like a broader issue, those losses are ultimately suffered by longer-term investors who get worse prices, he said.

Stock market live blog: Stocks extend rebound, led by Tesla, Verizon

The risk of getting demolished by inflation over such periods is too high to try to always try to hide in bonds or cash.The market will never seem "safe." Ever. And it will seem the least safe when it is actually the most safe after a brutal bear market like the one we had in 2008-2009. So don't try to time anything based on how "safe" the market seems and how "comfortable" you feel. You'll get hosed.) Anyway, why am I so bearish about long-term returns? Valuation. Stocks are now very expensive according to every validlong-term valuation measure that I look at.

Yes, I Still Think There's A Decent Chance Of A Stock Market Crash And, No, The Recent Recovery Doesn't Reduce My Concern

12:40 pm Dow breaks into triple-digit territory by Wallace Witkowski Add a Comment The Dow Jones Industrial Average /quotes/zigman/627449/realtime DJIA is testing triple digit territory, topping a 100-point gain recently following a rough start on the day. The Dow touched an intraday high of 16,142.54, before pulling back a bit to 16,138, or a gain of 98 points on the day. 1:11 pm Daily the elevation group trading volume poised to hit February average by Wallace Witkowski Add a Comment A little more than halfway through the trading day, stocks appear to be on track to at least reach the February average for daily trading volume, following a string of below-average days. Composite volume for NYSE-listed stocks topped 1.79 billion shares, while composite volume for Nasdaq-listed stocks topped 1.08 billion shares at last check. The February average for NYSE-listed stock stands at 3.69 billion shares, while the Nasdaq-listed average is at 2.07 billion shares, according to Barclays data. While trading volumes have been light over the past few sessions, theyre still well above 2013 averages. Plus, concern about light trading volume may be misplaced given 2013s stock rally and the relatively low volumes that fueled the last bull market .