Wednesday, June 25, 2014

Do Not Swear By Heaven....

A simple "Yes" or "No" will do.

So:

Yes!!

Will. Somebody. Please. Show. Me. How. To. Block. The. Google. Soccer. Doodles.

Cannot. Take. This. Anymore.

Tuesday, June 24, 2014

Rise of the Humans

According to a Wall Street Journal article today on Page C3 ("London Hangs on to Ring" by Laura Clarke), the London Metal Exchange has decided to keep its face-to-face open outcry market process. This is in an era in which computerized trading has replaced face-to-face open outcry systems in a number of exchanges. I really liked the comment of Robin Bahr:

"I think it's a very efficient price-discovery process.....There's a feeling that it's transparent, people can see it. You get a good feel for how trading is taking place because your traders are facing each other on the floor."

Sounds like a dissertation topic for a student in experimental economics.