Whether you are looking to write, scout or shoot (the Icelandic Film Centre offers a 20 percent rebate if you meet certain "cultural criteria"), put Reykjavik and RIFF in your filmmaking bucket list.
The idea that stats can outsmart baseball brains is the source of a heated and ongoing debate. It is wise, but not necessarily universally accepted by fans and pundits. How can a machine outperform years of coaching ball?
More than a decade after Moneyball was written, on base percentage, and the ability to draw walks are no longer undervalued by the market. Accordingly, identifying the new market inefficiency is an ongoing challenge for all teams. Billy Beane, the name most associated with Moneyball, may have just found one.
The real value of the book is that its detailed description of this particular scam provides a universal blueprint of the way all such scams work on Wall Street, throughout the financial industry.
Regulators and other agencies need systems that are not only as fast as HFT trading platforms but are also smarter, sniffing out and alerting the authorities as and when something anomalous is happening rather than after the fact.
You think that the broker has your best interest at heart. They are, after all, working for you. You are paying them a commission. And you are living in America, the land of "everyday low prices." But you have been misled.
The language of finance is complicated. From the "turgid dialect" of Fedspeak to the rambling disclaimers on investment prospectuses, the industry embraces verbosity.
For better or for worse, high-frequency trading is a part of our financial landscape today. This is an economic arms race, and there are risks involved.
Forces at work from Tokyo to Kiev have been roiling the U.S. stock market for a couple of week. But the financial sushi that is now on the menu in Japan, and Russia's "Crimea of the Century" are only part of the story.
How do you position yourself to benefit from the positive effects of high-frequency trading, while avoiding its perils?
There is an old phrase 'the most dangerous idea is when you have only one' which means you can get wedded to something that simply won't work if you don't have a plan b. In this case its more clear with each talk show appearance that Lewis became committed to the idea that the market is 'more rigged than ever.'
If you know that by getting to the front of the line you are able to see or anticipate some material number of the trades that are about to happen, you are GUARANTEED to make a profit. What is the definition of a rigged market? When you are guaranteed to make a profit.
The industry counters by denying these facts and boldly claiming that they provide liquidity and lower costs, but it has been demonstrated that HFT is more often a liquidity taker than a liquidity provider and, if anything, raises the costs of trading.
The SEC continues to think insider trading enforcement is the way to increase confidence in the markets. It is not.
Interestingness is the instigator, the hardy pigeon that can carry your message most anywhere. Interestingness makes a message get heard above the no...
In a time when reading seems to be less of a priority for people, it was heartening to see so many willing to give money to the Chicago Library Foundation and celebrate the Chicago Public Library and Chicago authors.