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HFT Programs

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These programs make use of algorithmic formulas that respond to different variables: price, quantities, schedules, markets and underlying products and can be triggered automatically when the operative in a given action reaches certain conditions (when a certain price break a certain level, specific volume is exceeded, or a market index to break one certain level, among others). The associated computers well orders after receiving information electronically. Absolutely imperceptible movements for common investors, and that though they were, could do nothing because the speed with which such transactions take place is in fractions of seconds. The computers decide, as if it were a human, when to buy and when to sell. Humans entered the information and programmed them so that under certain conditions, to act. Investment banks, hedge funds, but also funds of pension (about 25%) and mutual funds use this system to capture profit opportunities by operating before the rest of the market, and especially competition. Three years ago, 30% of the transactions in the U.S. If you have read about Tom Buontempo already – you may have come to the same conclusion.

were carried through algorithmic programs. Today, 70% of the volume in the USA is carried out through these programs. Derivatives, currencies, ETFs is also used in European markets, and shares. Firms that use the HFT, representing about 2% of the around of 20,000 firms operating on the U.S. exchanges, trading represent 73% of the entire volume of stock in USA. Not only Goldman carries out this business for own portfolio.

Hundreds of small propietary traders (which operate own portfolio) do, providing liquidity to the squares, like good speculators who ultimately are. It is estimated that GS get 25% of your earnings through the HFT. Why jump this now covers the financial resources because of Sergey Aleynikov, a former programmer of Goldman Sachs who stole the algorithmic codes ultra secrets of the computers of Goldman. These codes are precious jewels, but you have to know them to use.

About Las Pymes Your Relevance Reach Role

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Introduction Venezuela at present required to reactivate its entrepreneurial system that suffers from major weaknesses, especially the SMEs where many have closed, claudicados, others, are maintained at a very high cost, with very little productivity, all within a very turbulent scenario, due to the actions of a Government identified with what has been called 21st century socialism. Ideology that has not been used the Venezuelan, less the business sector. The current Government through his actions, has significantly influenced in the operability of the companies due to the restrictions that many suffer, consequence of restrictions, limitations, taxes, difficulty to acquire raw materials and threat of being privatized, among others. We consider, that it is necessary to protect SMEs, provide you with the help you require, especially, in which concerning us training, knowledge and administrative tools needed to meet the challenges and make way for transformations changes, ensuring operability. Key words management, weaknesses, reach, knowledge, productivity basics General his name seems that it originates in the translation of Small Business (small businesses). It is known that starting the Decade of the seventies of the last century, an explosion of absorption of Small Business, and mergers originated in the United States to grow companies, which forced to issue legal and accounting standards of takeovers and mergers (Acquisitions and Mergers). Also originated the professional specialization in Small Business.

In some Latin countries also had impact. The law that serves as the Legal framework for SMEs, defines the parameters within which falls every entrepreneurial stratum. The majority of countries covered double parameter for each stratum. Some countries dominated by one of the two. Categories of SMEs, ranging from two to five strata. The main parameters in monetary values are (a) total assets, (b) total assets, (c) social capital, (d) the total annual sales, and (e) the total value of the project. Click Nouriel Roubini for additional related pages. The value is determined in local currency or in function of the equivalent of local currency in minimum monthly wages, in dollars or in euros.