Fake news isn’t just a problem for the public, it’s a problem for algos

Algos are all over the newswires and twitter. The straightforward way is a race to trade on news and economic data. As a result of an arms race that’s lasted the past 15 years; it’s gotten hyper-competitive and now the moves are unbelievably fast. The next frontier was sentiment and that’s been mined heavily for […]

Jim Cramer: “It was all about the rise of the machines.”

As Jim Cramer watched stocks nosedive in Tuesday’s trading session, one thing became abundantly clear to the longtime market-watcher: it “was all about the rise of the machines.” The major averages all fell more than 2 percent as a possible slowdown signal in the bond market and lingering trade fears rattled investors. The Dow Jones […]

RISE OF THE MACHINES or why automated trading could create problems down the line

The use of machines in financial markets is only getting more prolific, replacing humans in everyday investment decisions. Just take a look at the chart below from Macquarie Bank showing the volume of transactions conducted by automated trading strategies (ATS) based on latest data released by the US Commodity Futures Trading Commission (CFTC). No matter […]

JP. Morgan: The next financial crisis will be Flash Crash

Deep and sharp corrections backed by algo-traders, unprecedented action by central banks and protests resembling the time of major depression in the United States. So Marko Kolanovic, Quant Trader in JP Morgan describes the next financial crisis. In the period from 2008 computerized trade has completely changed the appearance of the financial market and, in […]

Robo-adviser Scalable Capital hits $1.2 billion

When a quartet of German and British finance professionals started their computer-driven asset management offering 28 months ago, they were joining a crowded field. So- called robo-advisers had been plying investors with digital ways to manage their money for several years. Now their startup, Scalable Capital, has amassed 1 billion euros ($1.2 billion) in assets […]

Litecoin – probable price increase

Cryptocurrency forecast / Litecoin / Our expectations Middle-term descending trend, the price is making lower tops. The short movement finished with breaking of the main diagonal resistance. Short-term upward trend. Formed figure Triangle, break and test of the figure. The price is above SMA 200. The current levels are appropriate for a long position with […]

Correction or bubble? Where BTC price is heading

After shedding billions of dollars for several months, the price of Bitcoin seems to be in recovery. Although the Bitcoin ‘boom’ that took place near the end of 2017 has veritably ended, the cryptocurrency is still as popular and controversial as ever. “There’s been a lot of buzz lately from well-known billionaires regarding the quality […]

Litecoin: Let the long trend begin now

Cryptocurrency forecast / Litecoin / Our expectations Middle-term descending trend, the price is making lower tops. The short movement finished with breaking of the main diagonal resistance. Formed figure Triangle, break and test of the figure. The price is above SMA 200. The current levels are appropriate for a long position with relatively small SL. […]

IMF: Cryptocurrency does not appear to pose risk to financial stability

The latest annual report of the International Monetary Fund has concluded that cryptocurrency does not pose a threat to global economic stability. Or at least not yet. Every year the IMF published a report detailing the economic state of the world. This year’s is entitled “A Bumpy Ride Ahead” and features a chapter on cryptocurrency. […]

“Bitcoin has elements of all of the different asset classes” CFTC

The ecosystem around bitcoin is still changing, but U.S. Commodity Futures Trading Commission Chairman J. Christopher Giancarlo said the popular cryptocurrency is part currency, part security and part digital coin. “Bitcoin and a lot of its other virtual currency counterparts really have elements of all of the different asset classes, whether they’re meeting payment, whether […]