Wednesday, January 25, 2012

High Frequency Trading behind the very high Market Volatility

Marc Faber : I suppose that 99 percent of high frequency programs are essentially momentum players in other words when times will start to move up in an asset class or in a stock or in a sector or the stock market the computer model says BUY then they all buy and it pushes up prices and then when for one reason or another the market turns and the models say sell they'll all sell basically at the same time that's why we have a very high volatility that's why - in This Week in Money
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Dr. Marc Faber Tomorrow's Gold







Dr Marc Faber was born in Zurich, Switzerland. He went to school in Geneva and Zurich and finished high school with the Matura. He studied Economics at the University of Zurich and, at the age of 24, obtained a PhD in Economics magna cum laude. Between 1970 and 1978, Dr Faber worked for White Weld & Company Limited in New York, Zurich and Hong Kong. Since 1973, he has lived in Hong Kong. From 1978 to February 1990, he was the Managing Director of Drexel Burnham Lambert (HK) Ltd. In June 1990, he set up his own business, which acts as an investment advisor and fund manager.