elfinlike

Still a strange reason. Regarding the domain name I tried many others, but they were all taken so you take what you can get. You can always go to www.thetollingbell.com if if makes you happier. The bold is in place in case you don't want to read a bunch of boring stats, but just the highlights.

Ah good. Nothing like condemning something you haven't read including the credentials of the author.

If you didn't read it, than how do you know what it says?

Regarding "more startups = more failures", not on a percentage basis.

Here's an article that shows that in several states the total income tax rate will meet or exceed 50% http://townhall.com/tipsheet/kevinglass/2012/12/06/study_50_...

Not true. Many people in California are already paying 50% or more between state and federal income tax.

Same problem though. Other people deciding how much money an individual gets to keep.

tumult: As a HFT do you guys (in the gender neutral sense) ever worry about rogue algorithms? By that I mean an algorithm that could be used to harm the market or essentially "blind" other algorithms.

I believe this is the entire quote: "The new electronic marketplace has several structural inefficiencies. These are what have permitted HFT to become a destructive force in the market, rather than a passive liquidity providing mechanism. This should not be construed to say that all HFT is bad, but there are 2 important points to make – the structural inefficiencies present in the market have created a massive misallocation of resources into technology that provides no social benefit, and structural deficiencies in market structure have allowed for nefarious or accidental actions to disrupt the market". I agree there are some contextual problems with the citation in the article. Retrieved from http://banking.senate.gov/public/index.cfm?FuseAction=Hearin...

@tgrass: I agree.

I should also express my dislike for any article that promises to fix something in 30 days, 24 hours, or overnight...