Another day, another email in my inbox announcing another High Frequency Trading conference. I have nothing against the emails (we send quite a few of them ourselves) and I have nothing against HFT per se. […]
Cyberterrorism is in the news so I thought I’d share this little story with you. A year or two ago I was at a dinner of the Great and the Good. I sat next to […]
Benoit Mandelbrot, the mathematician, the father of fractal mathematics, and advocate of more sophisticated modelling in quantitative finance, died on 14th October 2010 aged 85. Wilmott magazine has often featured Mandelbrot, his ideas, and the […]
“The truth is the high-frequency traders create volatility and create liquidity,” said John Damgard, president of the Futures Industry Association. What he apparently meant to say was that they reduce volatility, not create it. And […]
Goodbye, New Labour, you won’t be missed. And the fondest of fond farewells to Peter Mandelson, please don’t keep in touch. Back to Old-style politics in which MPs and cabinet ministers have their say, no […]
Brown graciously offers to run the country as PM for a few more months with a LibLab pact, and then will step down after Labour has chosen a new leader. Thanks, Gordon, but do you […]
The Conservatives have offered the LibDems a referendum on electoral reform (albeit only on a very weak version of reform). Clearly a panic move, they didn’t even wait to get a sense of people’s reactions […]
I’d never bothered to read a political manifesto before today. But I suspected that some fun could be had with them. If you know that someone has a tendency to be economical with the truth […]
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