Wednesday, 29 September 2010

Unit Fail in the Evening Standard

From an article by Anthony Hilton in the Evening Standard today:

It is very difficult to believe that the capitalist system has been seriously improved by the arrival of computers able to trade in a microsecond and to exploit movements in share prices visible for just that amount of time.
It is even harder to believe that it will be improved further when the next generation of technology — including that of the stock exchange itself — will increase the available buying and selling speeds to milliseconds — millionths of a second.
Do they even employ any copy editors any more? And why would you pay this guy to comment on this sort of thing?

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