University of Vermont Scientists (IMAGE)
Caption
A team of scientists from the University of Vermont's Computational Finance Lab led by (from left) Chris Danforth and Brian Tivnan--along with three of their graduate students, David Dewhurst, John Ring, and Colin Van Oort -- made a comprehensive study of the US stock market. They found billions of opportunities over the course of one year for so-called high-frequency traders to get price information sooner than other traders -- allowing them to buy stocks at slightly better prices, and then, in far less than the blink of an eye, turn around and sell them at a profit.
Credit
Joshua Brown, UVM
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