11,827 research outputs found
The Invisible Power of MacHines Revisiting the Proposed Flash Order Ban in the Wake of the Flash Crash
Technological innovation continues to make trading and markets more efficient, generally benefitting market participants and the investing public. But flash trading, a practice that evolved from high-frequency trading, benefits only a select few sophisticated traders and institutions with the resources necessary to view and respond to flashed orders. This practice undermines the basic principles of fairness and transparency in securities regulation, exacerbates information asymmetries and harms investor confidence. This iBrief revisits the Securities and Exchange Commission\u27s proposed ban on the controversial practice of flash trading and urges the Securities and Exchange Commission and the Commodity Futures Trading Commission to implement the ban across the securities and futures markets. Banning flash trading will not impact high-frequency trading or other advantageous innovative trading practices, and will benefit all market participants by making prices and liquidity more transparent. In the wake of the May 6, 2010 flash crash and the passage of the Dodd-Frank Wall Street Reform and Consumer Protection Act, now is an opportune time for the Securities and Exchange Commission and Commodity Futures Trading Commission to implement the ban
The Invisible Power of MacHines Revisiting the Proposed Flash Order Ban in the Wake of the Flash Crash
Technological innovation continues to make trading and markets more efficient, generally benefitting market participants and the investing public. But flash trading, a practice that evolved from high-frequency trading, benefits only a select few sophisticated traders and institutions with the resources necessary to view and respond to flashed orders. This practice undermines the basic principles of fairness and transparency in securities regulation, exacerbates information asymmetries and harms investor confidence. This iBrief revisits the Securities and Exchange Commission\u27s proposed ban on the controversial practice of flash trading and urges the Securities and Exchange Commission and the Commodity Futures Trading Commission to implement the ban across the securities and futures markets. Banning flash trading will not impact high-frequency trading or other advantageous innovative trading practices, and will benefit all market participants by making prices and liquidity more transparent. In the wake of the May 6, 2010 flash crash and the passage of the Dodd-Frank Wall Street Reform and Consumer Protection Act, now is an opportune time for the Securities and Exchange Commission and Commodity Futures Trading Commission to implement the ban
Video résumés portrayed: findings and challenges
Recent technological developments and the increased use of internet-based applications have resulted in the emergence of so-called video résumés. This chapter first presents the characteristics of video résumés as a selection instrument by comparing the instrument with other, related selection tools, like the job interview. The chapter proceeds with a review of existing research on video résumés and ends with an agenda for future research
The Profiling Potential of Computer Vision and the Challenge of Computational Empiricism
Computer vision and other biometrics data science applications have commenced
a new project of profiling people. Rather than using 'transaction generated
information', these systems measure the 'real world' and produce an assessment
of the 'world state' - in this case an assessment of some individual trait.
Instead of using proxies or scores to evaluate people, they increasingly deploy
a logic of revealing the truth about reality and the people within it. While
these profiling knowledge claims are sometimes tentative, they increasingly
suggest that only through computation can these excesses of reality be captured
and understood. This article explores the bases of those claims in the systems
of measurement, representation, and classification deployed in computer vision.
It asks if there is something new in this type of knowledge claim, sketches an
account of a new form of computational empiricism being operationalised, and
questions what kind of human subject is being constructed by these
technological systems and practices. Finally, the article explores legal
mechanisms for contesting the emergence of computational empiricism as the
dominant knowledge platform for understanding the world and the people within
it
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