Showing posts with the label financial markets

Supermarkets

There's a nice article about supermarkets in the Atlantic, and how they are organized and suppl…

Litigation financing revisited

It looks like litigation financing--i.e. the financing of legal suits for a share of the proceeds--…

Market designs to reduce the costs of high frequency trading, by Baldauf and Mollner

A forthcoming paper by Markus Baldauf and Joshua Mollner considers two designs to reduce the costs …

What is the cost of high frequency trading? by Aquilina, Budish, and O'Neill

A recent WSJ article highlights a paper by Aquilina, Budish, and O'Neill: Ultrafast Trading Cos…

Reforming stock exchange governance, from the SEC

It's good to know that sometimes the SEC reads papers by market designers (in this case Budish …

Unraveling has made investment banks the farm teams of private equity...

...at least that's the argument made in this article (full of nitty gritty detail) at Vanity Fa…

Private equity races for young talent even earlier this year

Eric Budish sends me this pointer to the continued unraveling of the recruiting of young investment…

Speed bumps for high frequency trading

From the WSJ: More Exchanges Add ‘Speed Bumps,’ Defying High-Frequency Traders Over a dozen financi…

Litigation financing is no longer so repugnant

Litigation financing has a long history, during much of which it was regarded as repugnant (includi…

Why is it hard for securities exchanges to restore price competition (instead of speed competition)?

Many stock exchanges earn rents by giving privileged access to high speed algorithmic traders.  Why…

Load More That is All