Rise of the Machines - PowerPoint PPT Presentation
Title:
Rise of the Machines
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For some people, this latest bit of progress might seem eerily akin to "On August 29, 1997 @ 2:14 am eastern time, Skynet becomes self aware", however, let's look at what's happening down at "The Exchange". RULE 48 One of the main purposes of the exchange and those authorized to trade within it, is the maintenance of an "orderly market". Which basically means a market that allows for traders on "both sides" to have their views reflected into the pricing. The idea being that this serves to curb volatility, nasty large swings in pricing. Note - most people think of this in the negative - however, exuberant rallies aren't all that much better than terrifying plunges when one considers market mechanics. Both reflect extremes. Not the use of the term "orderly market" earlier, extremes are the opposite of orderly markets. – PowerPoint PPT presentation
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Title: Rise of the Machines
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Rise of the Machines
