Spain

The main Spanish index the IBEX had rallied last week and in the early morning session looked at if that rally would continue with the market nudging 7000. However, this rally soon collapsed as shown below. The market quickly went from a euphoric opening gain to close down 35. This seems to sum up the…

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Flash Crash And Other Cock Ups

A little piece that looks at the impact of HFT . It doesn’t add anything new other than offering a more personal narrative. Although the book by the author Scott Patterson might be interesting to drop onto the tablet. As a counterpoint this article places the blame for the Facebook debacle squarely on the shoulders…

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Amazon

I am a dedicated user of Amazon. I have found the lure of an Aussie at/above parity, an enormous selection and not having to deal with local half waits who should have been drowned at birth too much to resist. However, even I was staggered by some of these numbers. Source

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