Russia Tried to Learn How to Use High-Speed Trading to Rock the Market

Best Selling Author and Chief Advisor of Aaron Matthews Financial Resources Matt Golab discusses Russia's attempt to learn how to use High-Speed trading to rock the market.
 
 
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ELK GROVE, Calif. - March 11, 2015 - PRLog -- This is the title of an article that was published on MarketWatch on Tuesday the 26th discussing the arrest of a Russian spy. According to Wikipedia high speed trading focuses on algorithms that use sophisticated technologies and computer models to trade securities. In 2012 high speed trading accounted for 50%, however this percentage appears to be dropping.
     http://www.marketwatch.com/story/russia-tried-to-learn-how-to-use-high-speed-trading-to-rock-market-us-says-2015-01-26?dist=tcountdown

With the many pro arguments and the negative arguments fighting each other high speed trading was at the center of an international scandal today. It appears that Russia wanted to use spies to shake U.S. financial markets as a form of cyber terrorism.

"In the book "Flash Boys," author Michael Lewis says a surprisingly large number of the people pulled in by the big Wall Street banks to build the technology for high-frequency trading were Russians".

However, there are some that believe high speed trading is neither dangerous or very profitable anymore. Mark Buchanan, a physicist and writer for Bloomberg who wrote the book Forecast: What Physics, Meteorology and the Natural Sciences Can Teach Us About Economics.

He writes, "Whether it is by the entry of a new destructively creative technology, or the inexorable forces of entry and expansion in a technologically static setting, one expects profits earned by firms in one wave of creative destruction to decline. That's what we're seeing in HFT. It as definitely a disruptive technology that reaped substantial profits at the time of its introduction, but those profits are eroding."

With the recent arrests and suspicion of market manipulations many investors will be wary of their investments. The best way to ensure a portfolio is able to withstand market gyrations like this is to have it stress tested against a multitude of variables. We offer these for our clients regularly to keep them and us informed as the market and economy face increasing volatility.

Matt Golab
Aaron Matthews Financial Resources

Matt Golab was recruited to write a chapter in Tom Hopkins recent book, Victory which became a National Best Seller. Matt also received the Editors Choice Award for his contribution to Victory, not every contributor is selected for this high honor.

Matt is an authority on creating innovative tax and investment solutions to help his clients succeed in their retirement years.  The strategies Matt Golab has established and passed on through successful financial planning with hundreds of clients over the years has launched him into the national spotlight.

He is often featured in Retirement Advisor Magazine, a publication which attracts the top financial planners in the country. Matt has been featured in newspapers around the country passing on the principals for a successful retirement. Golab is often asked by national websites that focus on the education of consumers to present his knowledge on the areas of retirement and retirement income plans.

Matt is frequently featured in The Wall Street Journal, CNBC, MSN Money, The San Francisco Chronicle, Newsweek, TheSmartRetiree, Burlington County Times and appeared nationwide on ABC, CBS, Fox, and NBC as well as USA Today.

Matt has a weekly radio show where he discusses all aspects of retirement planning, total wealth management, and estate strategies. Through his relationship with Retirement Radio Network experts such as David Walker former Comptroller General of the United States, Harry Dent of the H.S. Dent Foundation, John Bogle of the Vanguard Funds and many more have been heard on his show Income Forever.

Golab is the Author of The Consumer's Guide to Planning Your Retirement: Your Guide to Mental Peace and Financial Well Being. Matt Golab continues to expand the geographic reach of his audience and desires to bring his expertise to a nationwide television audience. Matt emphatically states his mission, “I want to change the way Americans view their retirement. They can succeed (stay retired) regardless of what happens in the market".

Contact information for Matt is available at his website, http://www.aaronmatthewsfinancial.com/

Investment Advisory Services offered through Global Financial Private Capital, LLC, an SEC Registered Investment Advisor.

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Tags:Matt Golab, Aaron Matthews Financial, Financial Market, Retirement Income, High Speed Trading
Industry:Banking, Financial
Location:Elk Grove - California - United States
Subject:Reports
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Page Updated Last on: Mar 11, 2015
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