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Video: The Wall Street Code - Apple 2.0 -Fortune Tech

Stashed in: Valuation, Investing

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The fascinating world of quants. (And the expectedly secretive rules of engagement.)

I always suspected the stock market was rigged:

"There really isn't any difference," Bodek concludes, "between an order type and being the guy who wears the T-shirt. You just put a little code on your order and you say 'hey, don't treat me badly, please.'"

I hope more stories like this come out.