Andrew Busch Archives - The Industry Spread

Record Number of Spoofing Cases Examined

November 18, 2018

Big fraud allegations often mean big settlements will follow. But the settlements the Commodity Futures Trading Commission reached with former MF Global CEO Jon Corzine in early January and Igor Oystacher and his Chicago firm, 3Red Trading LLC, in December were surprisingly puny.

Busch Talks Data Science With B23 Co-Founder

November 7, 2018

As Hirko explained, companies which employ algorithms- which means nearly every trading firm- won’t have success unless it is able to process as much data as possible properly.

The job of creating algorithms, Hirko explains, is done generally by B23’s clients, and B23 partners up by helping these companies process more data properly.

“(B23) Engineering the data so it fits neatly into those algorithms,” Hirko said.

From Rocket Science to Trading

September 3, 2018

The podcast is hosted by CFTCs Chief of Market Intelligence Andrew Busch and he had on Mark Higgins the Chief Operating Officer of Beacon Platform, Inc.’s.
Beacon Platform “is a financial technology company that delivers a cloud-based, end-to-end development and production platform.” According to their site.
Higgins, as Busch mentioned, has his Ph.D. an astro-physics from Queens University in Kingston, Ontario.

Narrative Economics and Virtual Currency

August 4, 2018

Schiller noted that many people believe that the real estate boom was created by falling interest rates, but that interest rates had been falling for two decades before the real estate boom.

In Schiller’s research, he found that a narrative had formed that flipping homes- buying a home fixing it up and selling it quickly- had formed as an intriguing way to make money.