The world of ultrafast stock trading
Ever heard of Latency Arbitrage? Running trades on superfast computers powered by ultrafast cable connections and booking multiple profits before common joes can even press a key. This, according to few, is what Wall Street hotshots who trade high-volumes are indulging in these days. Is anyone stopping them? Read this story about Brad Katsuyama and his enterprise. (Forbes India)
Rajan's tryst with rate cuts to continue?
Reports suggest that RBI is on the verge of a repo rate cut. At a time when the Fed is considering a rate increase, what does this mean for the Indian economy? Read to find out. (LiveMint)
Video: Understand the functions of RBI
Still confused about repo rates and basis points? This simple 5 minute video encapsulates the key objectives and functions of the Reserve Bank of India.
Happy mind-chomp!
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