Algorithmic Trading and Ethics

Alessio Farhadi posted “A.I. Trading – A Question of Ethics” on LinkedIn.  His main point is that machine learning and algos do not have ethics.  His thoughts may be overly influenced by the referenced Flash Boys book that painted the trading industry with a somewhat cynical brush. Just as AI technology…

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Understanding Futures Transaction Flow – A Basic Introduction

Over the years, I have heard everything from overly-simplified to overly-complex descriptions of how listed futures trades are processed. For the purpose of clarity, the following flow diagram is one that I have used to explain the trade flow process to many people entering the industry. However, each Futures Commission…

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