Larry Leibowitz, the chief operating officer of the New York Stock Exchange, is not intimidated by computerized trades. He tells Steve Kroft the computers are just as good or better on average than their human counterparts.
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High frequency trader Manoj Narang says he's helping small investors, not hurting them, because he's always in the market, keeping trading costs down and providing what's called liquidity
Steve Kroft gets a rare look inside the secretive world of "high-frequency trading," a controversial technique the SEC is scrutinizing in which computers can make thousands of stock trades in less than a second (CBS) It may surprise you to ...
. The Dow Jones industrial average gained 124.58 points, or 1.03 percent, to 12,214.61. The Standard & Poor's 500 Index added 11.69 points, or 0.89 percent, to 1,321.82. The Nasdaq Composite Index rose 20.14 points, or 0.73 percent, to 2,765.77. . The dollar ...
EUR/USD saw a bit of short-covering late in the European session, rising briefly to the 1.3566 level before slipping back to opening level right around 1.3520. It was one of the quietest days in weeks. USD/JPY slipped back after the Fed ...
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