Please, let me explain… : The Financial Crisis Panel Review Thanks for returning to FinTechIsrael! Have you already subscribed to our RSS feed?After two days of testimony from senior executives, government bureaucrats, and economists, the US government’s Financial Crisis Inquiry Commission has brought to light some of the root causes of the crisis. After...

Big Board is Out, Dark Pools are In Such is the takeway from two articles that ran in tandem on Friday in the New York Times and International Herald Tribune: Rivals Pose Threat to New York Stock Exchange and European Stock Exchanges Rattled by Upstarts. Upshot is that the New York Stock Exchange, historically the greatest marketplace for...

What is high-speed trading truly capable of? Why is it the new scapegoat Deutsche Borse In a series of fascinating articles all weekend, covering the NYTimes article about low-latency/high-frequency electronic trading tactics, there has been a healthy debate about whether such trading tactics were the force behind Goldman Sachs astronomical trading profits. To brush up on the...