The quarterly earnings figure was ahead of analysts' forecasts and sent Yahoo's share price 3.5% higher in after-hours trading on Wall Street.
Dean Zarras has been writing software since 1982, focusing on large-scale trading and risk management systems on and off Wall Street.
Look around and you will see plenty of SEC-registered garbage trading on Wall Street.
In October of 1987, the craziness was created on Wall Street-LBO deal mania, programmed trading and portfolio insurance nonsense.
More importantly, he represents a new breed on Wall Street, highly-paid programmers behind super-fast, lucrative trading strategies.
Manhattan U.S. Attorney Preet Bharara could not have been more withering yesterday in his attack on what he depicted as a culture of fraud on Wall Street, as he gave a press conference announcing insider-trading charges against three hedge fund managers, Noah Freeman and Donald Longueuil, formerly of SAC Capital Advisors, and Samir Barai, who ran Barai Capital Management.
FORBES: The Insider Trading Scandal: Another Black Eye for Wall Street
Other models include firms that developed automated trading programs once real-time data became available on Wall Street.
She served as co-head of Morgan Stanley's foreign exchange department from 1993 to 2000, and until her promotion to co-president in 2006, ran one of the largest trading desks on Wall Street.
Computer trading--particularly programs using algorithms that parse out trades anonymously--has exploded in popularity and already has resulted in job cuts on trading desks across Wall Street.
"Clearly Facebook drove the acceptance of the market, " accounting for a majority of recent trading in pre-IPO stocks on exchanges, says Christopher Yang, who specializes in technology at Grove Street Advisors LLC, a Millennium investor that advises pension funds on venture investing.
应用推荐