https://strategicreasoning.org/wp-content/uploads/2018/08/NSF-Big-Data-Poster_navy.jpg 0 0 Arunesh Sinha /wp-content/uploads/2016/07/SRG-black-background.png Arunesh Sinha2017-11-16 21:12:412018-08-08 13:58:22Detecting Financial Market Manipulation: An Integrated Data- and Model-Driven Approach
Principal Investigators Michael Wellman (U Michigan) Uday Rajan (U Michigan) Michael Barr (U Michigan) PIs at partner universities: Tucker Balch (Georgia Tech) Sponsored by the NSF BIGDATA program, grant IIS-1741190. Project…
https://strategicreasoning.org/wp-content/uploads/2017/09/data-monitoring.png 1679 3279 wellman /wp-content/uploads/2016/07/SRG-black-background.png wellman2017-09-20 12:24:032017-09-20 12:34:22New project on market manipulation
Collaboration with Tucker Balch (Ga Tech), Uday Rajan (UMich), and Michael Barr (UMich), funded by NSF BIGDATA program. CSE news posting.
https://strategicreasoning.org/wp-content/uploads/2017/05/podcast-001-1.png 486 486 wellman /wp-content/uploads/2016/07/SRG-black-background.png wellman2017-05-09 01:33:142017-05-09 01:35:59Algocracy Podcast
Uday Rajan and I appeared on the Algocracy and Transhumanism Project Podcast, hosted by John Danaher, to talk about our recent article on the ethics of automated trading.
/wp-content/uploads/2016/07/SRG-black-background.png 0 0 wellman /wp-content/uploads/2016/07/SRG-black-background.png wellman2017-01-09 05:40:122017-12-09 01:56:05Ethical issues for autonomous trading agents
MP Wellman and U Rajan Minds and Machines, 27:609-624, 2017. Abstract The rapid advancement of algorithmic trading has demonstrated the success of AI automation, as well as gaps in our understanding of the implications of this technology…
https://strategicreasoning.org/wp-content/uploads/2010/03/erik-brinkman-200x250.jpg 250 200 wellman /wp-content/uploads/2016/07/SRG-black-background.png wellman2016-12-20 03:00:402016-12-20 03:00:40Erik Brinkman Defends Thesis Proposal
Erik Brinkman successfully defended his thesis proposal today: Understanding Financial Market Behavior through Empirical Game-Theoretic Analysis. Congratulations, Erik.
/wp-content/uploads/2016/07/SRG-black-background.png 0 0 AWP Administrator /wp-content/uploads/2016/07/SRG-black-background.png AWP Administrator2014-05-14 19:07:552016-07-11 19:08:41Another cnbc.com Rebuttal
Rishi Narang has written another article on cnbc.com defending charges of HFT front-running, this one a direct attack on me. Titled “Exposing the falsehood of a prominent HFT critic’s arguments“, Narang attempts to refute my rebuttal…
/wp-content/uploads/2016/07/SRG-black-background.png 0 0 AWP Administrator /wp-content/uploads/2016/07/SRG-black-background.png AWP Administrator2014-04-14 19:06:322016-07-11 19:07:30HFT and Front Running
CNBC recently ran a commentary by Rishi K. Narang, under the headline “High-frequency traders can’t front-run anyone“, in which the author calls our characterizations of HFT “blatantly false”. My rebuttal here.
/wp-content/uploads/2016/07/SRG-black-background.png 0 0 wellman /wp-content/uploads/2016/07/SRG-black-background.png wellman2014-04-13 17:40:262016-07-13 15:18:46Arguments about “front running”
One of the brilliant rhetorical devices deployed by Michael Lewis in his public interviews about Flash Boys is referring to some HFT practices as "legal front running". By inserting the "legal", he takes off the table any accusations of lawbreaking.…
/wp-content/uploads/2016/07/SRG-black-background.png 0 0 AWP Administrator /wp-content/uploads/2016/07/SRG-black-background.png AWP Administrator2013-12-17 19:05:372016-07-11 19:06:23“The Myths around Latency Arbitrage”
It was predictable that wading into the public debates around high-frequency trading would attract some attacks on our research. Nevertheless, it is still novel for me to read a blog claiming that our “research makes a number of basic mistakes”,…
/wp-content/uploads/2016/07/SRG-black-background.png 0 0 AWP Administrator /wp-content/uploads/2016/07/SRG-black-background.png AWP Administrator2013-09-05 19:03:212016-07-11 19:05:30Does US HFT need stricter regulatory oversight?
YES. My “head-to-head” opinion piece in International Financial Law Review. local PDF copy