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Business Matters: High frequency trading scrutinized1 3 Apr 2014
Thu, 3 Apr 14
High frequency trading is under the spotlight2 as controversial author Michael Lewis turns his attention to the activities of the automated3 stock trading systems in his book 'Flash Boys: A Wall Street Revolt'. We hear from the author himself and also from Wall Street watcher Matthew Philips of Bloomberg Businessweek who is one of the many people taking exception to the way twenty-first century traders are depicted4 in the book. Microsoft opts5 to give away its Windows operating system for free . . . To manufacturers of smartphones and tablets at least. Is this the death of Microsoft's successful business model? Will it head off Android users before it's too late? University of Maryland Professor of Economics Peter Morici is in our Washington bureau. He'll be discussing these and other questions, including the new official Kim Jong Un haircut with Jean Lee of the Associated Press who joins us from Seoul.
1 scrutinized | |
v.仔细检查,详审( scrutinize的过去式和过去分词 ) | |
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2 spotlight | |
n.公众注意的中心,聚光灯,探照灯,视听,注意,醒目 | |
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3 automated | |
a.自动化的 | |
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4 depicted | |
描绘,描画( depict的过去式和过去分词 ); 描述 | |
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5 opts | |
v.选择,挑选( opt的第三人称单数 ) | |
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