Wednesday, April 18, 2012

Is Speed Trader Mark Gorton Killing Wall Street?

Is Speed Trader Mark Gorton Killing Wall Street?

This is an interesting complaint because in many ways Mark Gorton is the new face of Wall Street. Gorton is a high-frequency trader. His company, Tower Research Capital LLC, with its 275-person global staff of engineers and computer science and physics majors, is part of an industry that today is responsible for more than half of all stock trading in the United States, according to the Tabb Group, a financial markets research and strategic advisory firm. Gorton's is an industry under scrutiny. 

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