HFT hitting BRICS

Via Advanced Trading : As regulators in the United States and Europe weigh the merits of new regulations to govern high-frequency trading, emerging markets have been methodically paving the way for the practice to expand within their borders. In an interview with the BBC, Progress Software’s chief technology officer John Bates says said the practice of rapid-fire trading is quickly expanding in the so-called BRIC nations - Brazil, Russia, India and China.

Zipf’s law

An old NY Times article on the surprising ubiquity of Zipf’s law : Math and the City One of the pleasures of looking at the world through mathematical eyes is that you can see certain patterns that would otherwise be hidden. This week’s column is about one such pattern. It’s a beautiful law of collective organization that links urban studies to zoology. It reveals Manhattan and a mouse to be variations on a single structural theme.

Stop What You’re Doing And Read This! : Summary

The preface to this book gives a reason behind the title for this book, This year we learnt that there are many thousands of children across Britain who cannot read competently, that there are thousands who leave primary school unable to put together basic sentences. One in three teenagers reads only two books a year, or fewer, and one in six children rarely reads books outside of the classroom. Many parents do not read stories to their children, and many homes do not have books in them.