News: - Data In Sight: Making the Transparent Visual

06 July 2011 02:55 PM CDT

Interesting that I would begin my blog this morning, provide my background from Wall Street, mention the role of technology in the financial markets, and then happen to stumble upon the above link.  The link takes you to a video at discussing the role of supercomputers on Wall Street.  Some "Black Box" trading methods involve highly sophisticated mathematical trading algorithm's performing trades at a velocity of up to 3,000 trades per second (it's known as high-frequency trading on Wall Street).  That's 1,000 times faster than you can blink your eye.  That's a lot of trade activity, and it's being done independent of human involvement.  The video includes a snippet from a forthcoming documentary on the role of technology and super computers on Wall Street.  I'm looking forward to watching that documentary.  Only problem is, the documentary was specifically made for the iPad and I don't have one of those yet.  I need an iPad!  The documentary is called "Money and Speed."  If you have an iPad, go check it out.  Here's a link with more information about the film.