{"id":19991,"date":"2012-08-05T21:14:00","date_gmt":"2012-08-06T01:14:00","guid":{"rendered":"http:\/\/www.thedisciplinedinvestor.com\/blog\/?p=19991"},"modified":"2016-09-20T12:15:40","modified_gmt":"2016-09-20T16:15:40","slug":"tdi-podcast-dark-pools-hft-and-algos-gone-wild-274","status":"publish","type":"post","link":"https:\/\/thedisciplinedinvestor.com\/blog\/2012\/08\/05\/tdi-podcast-dark-pools-hft-and-algos-gone-wild-274\/","title":{"rendered":"TDI Podcast: Dark Pools, HFT and Algos Gone Wild  (#274)"},"content":{"rendered":"<p><a href=\"https:\/\/podcasts.apple.com\/us\/podcast\/the-disciplined-investor\/id217999782\" target=\"_blank\"><img decoding=\"async\" class=\"wp-image-257 alignright\" title=\"iTunes Subscribe\" src=\"https:\/\/thedisciplinedinvestor.com\/blog\/wp-content\/uploads\/2012\/08\/itunes_subscribe3-2.png\" alt=\"\" \/><\/a>What was that? Knight Capital had an alog run afoul and stocks went haywire. Scott Patterson from the WSJ has been covering the story and he is our guest to discuss what really happened. Also, we look at some interesting trading ideas in this episode that may be set to explode.<\/p>\n<p style=\"text-align: center;\"><!--more--><\/p>\n<p style=\"text-align: center;\"><strong> \u00a0<a href=\"http:\/\/g.adspeed.net\/ad.php?do=clk&amp;aid=131410&amp;t=1337243595&amp;auth=5fcc7ad461c91c9ccde8d599572f5092\" target=\"_top\">Sponsor: Try GotoMeeting with HD Faces Today Free for 30 Days!<\/a><\/strong><\/p>\n<p style=\"text-align: center;\">___<\/p>\n<p style=\"text-align: center;\"><a class=\"twitter-follow-button\" href=\"https:\/\/twitter.com\/andrewhorowitz\" data-show-count=\"false\">Follow @andrewhorowitz<\/a><script type=\"text\/javascript\" src=\"\/\/platform.twitter.com\/widgets.js\"><\/script><\/p>\n<p style=\"text-align: center;\"><strong><span style=\"color: #888888;\"><a href=\"#podcast\"><span style=\"color: #000000;\">LISTEN TO PODCAST NOW<\/span><\/a> | <span style=\"color: #000000;\">LISTEN<\/span> <span style=\"color: #000000;\">@<\/span> <a title=\"Zune Subscribe\" href=\"zune:\/\/subscribe\/?The%20Disciplined%20Investor=http:\/\/feeds.thedisciplinedinvestor.com\/tdicasts\" target=\"_blank\">ZUNE<\/a> &#8211;<span style=\"color: #000000;\"> @<\/span><a title=\"iTunes Subscribe\" href=\"https:\/\/podcasts.apple.com\/us\/podcast\/the-disciplined-investor\/id217999782\" target=\"_blank\">iTUNES<\/a><\/span><\/strong><\/p>\n<hr \/>\n<p style=\"text-align: center;\"><strong>Sign up for the TriggerPoint Research Webinars <\/strong>&#8211; <a href=\"http:\/\/www.triggerpointresearch.com\/webinars\/event\/?event=3\"><strong>CLICK HERE<\/strong><\/a><\/p>\n<hr \/>\n<p><a href=\"https:\/\/thedisciplinedinvestor.com\/blog\/wp-content\/uploads\/2012\/08\/patterson_scott-1.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\" wp-image-19993 alignleft\" style=\"margin: 5px;\" title=\"patterson_scott\" src=\"https:\/\/thedisciplinedinvestor.com\/blog\/wp-content\/uploads\/2012\/08\/patterson_scott-1.jpg\" alt=\"\" width=\"105\" height=\"140\" \/><\/a><a href=\"http:\/\/online.wsj.com\/search\/term.html?KEYWORDS=SCOTT+PATTERSON&amp;bylinesearch=true\" target=\"_blank\"><strong>Scott Patterson<\/strong><\/a> is author of the New York Times best-selling book The Quants and a staff reporter for The Wall Street Journal, where he writes about the government&#8217;s regulation of the financial industry.<\/p>\n<p style=\"text-align: left;\">Patterson&#8217;s style of writing has been favorably compared to bestselling author Michael Lewis, due to his ability to relay complex financial topics in a way suitable for mass appeal. His journalism has been praised for its depth, particularly in cataloging the roots of current market technologies.[33] Patterson\u2018s work has been featured in The Wall Street Journal, New York Times, CNBC, Forbes, CNN, Fortune Magazine, Rolling Stone, Scientific American, and the Financial Times, among others. He has a masters of arts degree from James Madison University. He lives in Alexandria, Virginia.<\/p>\n<p style=\"text-align: center;\"><a href=\"http:\/\/www.amazon.com\/Dark-Pools-High-Speed-Traders-Financial\/dp\/0307887170\/\" target=\"_blank\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-19992 aligncenter\" title=\"darkpools\" src=\"https:\/\/thedisciplinedinvestor.com\/blog\/wp-content\/uploads\/2012\/08\/darkpools-1.jpg\" alt=\"\" width=\"177\" height=\"261\" \/><\/a><\/p>\n<p><strong><br \/>\n<\/strong><\/p>\n<hr \/>\n<p style=\"text-align: center;\"> \u00a0Looking to invest in The Disciplined Investor Managed Growth Strategy?<br \/>\nClick below for the virtual tour&#8230;.<\/p>\n<p style=\"text-align: center;\"><a href=\"http:\/\/www.thedisciplinedinvestor.com\/blog\/mailbox\/tdi-investment-fund\/\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone\" src=\"https:\/\/thedisciplinedinvestor.com\/blog\/wp-content\/uploads\/2012\/08\/TDIMG-1.jpg\" alt=\"\" width=\"212\" height=\"318\" \/><\/a><\/p>\n<hr \/>\n<p style=\"text-align: center;\"><a id=\"podcast\" name=\"podcast\"><\/a><\/p>\n<div class=\"powerpress_player\" id=\"powerpress_player_758\"><a href=\"http:\/\/media.blubrry.com\/tdi_podcast\/www.thedisciplinedinvestor.com\/blog\/podcasts\/tdi_episode274.mp3\" title=\"Play\" onclick=\"return powerpress_embed_html5a('758','http:\/\/media.blubrry.com\/tdi_podcast\/www.thedisciplinedinvestor.com\/blog\/podcasts\/tdi_episode274.mp3');\" target=\"_blank\"><img decoding=\"async\" src=\"https:\/\/thedisciplinedinvestor.com\/blog\/wp-content\/uploads\/powerpress\/TDI_PlayPodcast-679.png\" title=\"Play\" alt=\"Play\" style=\"border:0;\" \/><\/a><\/div>\n<p class=\"powerpress_links powerpress_links_mp3\" style=\"margin-bottom: 1px !important;\">Podcast: <a href=\"http:\/\/media.blubrry.com\/tdi_podcast\/www.thedisciplinedinvestor.com\/blog\/podcasts\/tdi_episode274.mp3\" class=\"powerpress_link_pinw\" target=\"_blank\" title=\"Play in new window\" onclick=\"return powerpress_pinw('https:\/\/thedisciplinedinvestor.com\/blog\/?powerpress_pinw=19991-podcast');\" rel=\"nofollow\">Play in new window<\/a> | <a href=\"http:\/\/media.blubrry.com\/tdi_podcast\/www.thedisciplinedinvestor.com\/blog\/podcasts\/tdi_episode274.mp3\" class=\"powerpress_link_d\" title=\"Download\" rel=\"nofollow\" download=\"tdi_episode274.mp3\">Download<\/a> (Duration: 59:19 &#8212; 31.9MB)<\/p><p class=\"powerpress_links powerpress_subscribe_links\">Subscribe: <a href=\"https:\/\/open.spotify.com\/show\/5vtvEVDPUi4221imwhXyXt\" class=\"powerpress_link_subscribe powerpress_link_subscribe_spotify\" target=\"_blank\" title=\"Subscribe on Spotify\" rel=\"nofollow\">Spotify<\/a> | <a href=\"https:\/\/tunein.com\/podcasts\/Markets-and-Investing\/The-Disciplined-Investor-p414586\/\" class=\"powerpress_link_subscribe powerpress_link_subscribe_tunein\" target=\"_blank\" title=\"Subscribe on TuneIn\" rel=\"nofollow\">TuneIn<\/a> | <a href=\"https:\/\/thedisciplinedinvestor.com\/blog\/feed\/podcast\/\" class=\"powerpress_link_subscribe powerpress_link_subscribe_rss\" target=\"_blank\" title=\"Subscribe via RSS\" rel=\"nofollow\">RSS<\/a> | <a href=\"https:\/\/thedisciplinedinvestor.com\/blog\/subscribe-to-podcast\/\" class=\"powerpress_link_subscribe powerpress_link_subscribe_more\" target=\"_blank\" title=\"More\" rel=\"nofollow\">More<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>What was that? Knight Capital had an alog run afoul and stocks went haywire. Scott Patterson from the WSJ has been covering the story and he is our guest to discuss what really happened. Also, we look at some interesting trading ideas in this episode that may be set to explode.<\/p>\n<div class=\"powerpress_player\" id=\"powerpress_player_759\"><a href=\"http:\/\/media.blubrry.com\/tdi_podcast\/www.thedisciplinedinvestor.com\/blog\/podcasts\/tdi_episode274.mp3\" title=\"Play\" onclick=\"return powerpress_embed_html5a('759','http:\/\/media.blubrry.com\/tdi_podcast\/www.thedisciplinedinvestor.com\/blog\/podcasts\/tdi_episode274.mp3');\" target=\"_blank\"><img decoding=\"async\" src=\"https:\/\/thedisciplinedinvestor.com\/blog\/wp-content\/uploads\/powerpress\/TDI_PlayPodcast-679.png\" title=\"Play\" alt=\"Play\" style=\"border:0;\" \/><\/a><\/div>\n<p class=\"powerpress_links powerpress_links_mp3\" style=\"margin-bottom: 1px !important;\">Podcast: <a href=\"http:\/\/media.blubrry.com\/tdi_podcast\/www.thedisciplinedinvestor.com\/blog\/podcasts\/tdi_episode274.mp3\" class=\"powerpress_link_pinw\" target=\"_blank\" title=\"Play in new window\" onclick=\"return powerpress_pinw('https:\/\/thedisciplinedinvestor.com\/blog\/?powerpress_pinw=19991-podcast');\" rel=\"nofollow\">Play in new window<\/a> | <a href=\"http:\/\/media.blubrry.com\/tdi_podcast\/www.thedisciplinedinvestor.com\/blog\/podcasts\/tdi_episode274.mp3\" class=\"powerpress_link_d\" title=\"Download\" rel=\"nofollow\" download=\"tdi_episode274.mp3\">Download<\/a> (Duration: 59:19 &#8212; 31.9MB)<\/p><p class=\"powerpress_links powerpress_subscribe_links\">Subscribe: <a href=\"https:\/\/open.spotify.com\/show\/5vtvEVDPUi4221imwhXyXt\" class=\"powerpress_link_subscribe powerpress_link_subscribe_spotify\" target=\"_blank\" title=\"Subscribe on Spotify\" rel=\"nofollow\">Spotify<\/a> | <a href=\"https:\/\/tunein.com\/podcasts\/Markets-and-Investing\/The-Disciplined-Investor-p414586\/\" class=\"powerpress_link_subscribe powerpress_link_subscribe_tunein\" target=\"_blank\" title=\"Subscribe on TuneIn\" rel=\"nofollow\">TuneIn<\/a> | <a href=\"https:\/\/thedisciplinedinvestor.com\/blog\/feed\/podcast\/\" class=\"powerpress_link_subscribe powerpress_link_subscribe_rss\" target=\"_blank\" title=\"Subscribe via RSS\" rel=\"nofollow\">RSS<\/a> | <a href=\"https:\/\/thedisciplinedinvestor.com\/blog\/subscribe-to-podcast\/\" class=\"powerpress_link_subscribe powerpress_link_subscribe_more\" target=\"_blank\" title=\"More\" rel=\"nofollow\">More<\/a><\/p>","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[5,186,12,9,296],"tags":[481,482,297],"class_list":["post-19991","post","type-post","status-publish","format-standard","hentry","category-economy","category-marketmash","category-markets","category-podcasts","category-shownotes","tag-economy","tag-podcasts","tag-show-notes","et-doesnt-have-format-content","et_post_format-et-post-format-standard"],"acf":[],"_links":{"self":[{"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/posts\/19991","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/comments?post=19991"}],"version-history":[{"count":0,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/posts\/19991\/revisions"}],"wp:attachment":[{"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/media?parent=19991"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/categories?post=19991"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/tags?post=19991"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}