Nanex Research
Nanex ~ 10-May-2012 ~ CNBC Interview
CNBC filming Eric Hunsader of Nanex for an upcoming segment by Washington Correspondent,
Eamon Javors, about the impact of High Frequency Trading HFT on our markets. One of
the topics was Nanex's recent take on the
trading action ahead of the employment numbers on 04-May-2012.
Air Date 15-May-2012
The first segment "The Riskiest 4 Minutes of Every Trading Day" ran at 11:45am
and a shortened version will run at 1:50pm. The second segment ran at 12:50pm and
a shortened version of that will run at 4:20pm.
Note: In the second segment, CNBC mentions the strategy is an arbitrage play.
That is just plain wrong. If anything this strategy is anti-arbitrage, because any
trader on the other side of the trade who goes to arbitrage the posistion, is going
to find out in about 12 milliseconds that things have changed in New York or Chicago.
Nanex Research