High Frequency Trading
Its all the rage - high frequency trading. If you are on the inside of some large investment firm like Goldman Sachs, you can make millions. If you are not, well then tough luck sucker.
Read this article.
NY Times: Stock Traders Find Speed Pays, in Milliseconds
Powerful computers, some housed right next to the machines that drive marketplaces like the New York Stock Exchange, enable high-frequency traders to transmit millions of orders at lightning speed and, their detractors contend, reap billions at everyone else’s expense.
These systems are so fast they can outsmart or outrun other investors, humans and computers alike.