071: Eric Hunsader – Rigged Markets, Stealing and Corrupt Regulators w/ Founder of Nanex

071: Eric Hunsader – Rigged Markets, Stealing and Corrupt Regulators w/ Founder of Nanex

A big guest on the podcast this week—a man who for many won’t need any introduction, he is; Eric Scott Hunsader. Eric started out as an algorithmic trader in the early 80’s, soon after became a self-taught programmer, and since then he’s written many software applications for financial data. But today, Eric is the founder of Nanex, a whole market streaming data feed, which transmits 20 billion data points every day. Well-known for speaking out against the many issues that surround high frequency trading, Eric will tell you straight; HFT firms are stealing money, exchanges have rigged the market, and the regulators that allow this type of activity to continue are corrupt individuals. Additionally we talk about quote stuffing, mini-flash crashes that occur on a daily basis, and why Eric recently received a $750,000 whistle-blower award from the SEC. Learn more about your ad choices. Visit megaphone.fm/adchoices

Episoder(323)

135: Sheelah Kolhatkar – How Mastermind Trader, Steven Cohen, Bent Rules and Made Billions

135: Sheelah Kolhatkar – How Mastermind Trader, Steven Cohen, Bent Rules and Made Billions

Sheelah Kolhatkar is a writer at the The New Yorker, who was previously a journalist at Bloomberg Businessweek, and prior to that, a hedge fund analyst. She’s also the author of New York Times bestsel...

27 Jul 201743min

134: BTCVIX – Bitcoin: The Magic Internet Money You Can No Longer Ignore

134: BTCVIX – Bitcoin: The Magic Internet Money You Can No Longer Ignore

On this episode, I have a returning guest—who first appeared on episode 53. His name is a mystery, but he goes by the handle: @BTCVIX Episode 53 was the first time I covered Bitcoin on this podcast, a...

20 Jul 20171h 16min

133: James King – Using Sports Science to Stack Probability in Favor of Trading Success

133: James King – Using Sports Science to Stack Probability in Favor of Trading Success

Up until recently, James King was the Performance Director at a commodity trading firm in London, Mandara Capital. And it was here that he implemented scientific methods to stack probability in the fa...

13 Jul 20171h 9min

132: Mark Gardner – Still Adapting After 80,000+ Hours of Screen Time

132: Mark Gardner – Still Adapting After 80,000+ Hours of Screen Time

Mark Gardner began working in the field at 17-years old, straight out of high school. Initially he began with back office duties, before broking on the floor of the Sydney Futures Exchange (SFE). Then...

6 Jul 201756min

131: Morgan Slade – Strategy Development, Powered by Machine Learning

131: Morgan Slade – Strategy Development, Powered by Machine Learning

Morgan’s career as a trader and portfolio manager began 20-years back, and since then he’s worked at many prominent firms and funds—to name just a few; Millburn Ridgefield, Merrill Lynch, Citadel and ...

29 Jun 20171h 9min

130: Ben Mallah – How to Own 100’s of Millions of Dollars of Real Estate

130: Ben Mallah – How to Own 100’s of Millions of Dollars of Real Estate

Ben Mallah is a trader of a different kind—he doesn’t trade stocks and bonds, he trades in real estate. You could probably call him a property developer, although he doesn’t build from scratch; he buy...

22 Jun 201752min

129: Victor Haghani – Optimal Bet Sizing—Lessons From a Biased Coin Flip Experiment

129: Victor Haghani – Optimal Bet Sizing—Lessons From a Biased Coin Flip Experiment

Victor Haghani began his career at Salomon Brothers in 1984, starting out in a research role before joining their prop trading desk. In 1992, Victor left Salomon to become one of the founding partners...

15 Jun 201742min

128: Andy Kershner – Risk Tolerance, Daily Habits and Trade Critiques

128: Andy Kershner – Risk Tolerance, Daily Habits and Trade Critiques

Andy has been an active stock trader since the early 90’s, and in 2001 he founded Kershner Trading Group—a proprietary trading and technology firm in Austin (Texas) and, through a partnership with SMB...

8 Jun 201749min

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