Chasing the Same Signals

Download or read book Chasing the Same Signals written by Brian R. Brown and published by John Wiley & Sons. This book was released on 2012-11-27 with total page 209 pages. Available in PDF, EPUB and Kindle. Book excerpt: Conventional wisdom suggests that markets are efficient, random walks and that stock prices rise and fall with the fundamentals of the company. How then have black-box traders prospered and how do they exploit market inefficiencies? Are their strategies on their last legs or will they adapt to the new landscape amidst the global financial crisis? Chasing the Same Signals is a unique chronicle of the black-box industry's rise to prominence and their influence on the market place. This is not a story about what signals they chase, but rather a story on how they chase and compete for the same signals