Deal with it: a veteran trader’s take on high-frequency trading

High-frequency trading has come under fire since the May, 2010 “flash crash” when the U.S. stock market sharply plummeted, then rebounded, in a matter of minutes. But one Chicago derivatives manager says the high-speed computer-driven trading should be allowed to run its course.

Read more

Groupon filing for IPO = a real tech bubble?

Coupon website Groupon Inc. filed Thursday to go public, looking to raise up to $750 million. The two-and-a-half-year-old Chicago-based company turned down a $6 billion takeover offer from Google Inc. last year and instead sought to pursue a public offering. After the craze of LinkedIn’s IPO, Groupon’s IPO is deemed to be another sign for a tech bubble by many people.

Read more

Renren shares in free fall, more Chinese IPOs in the pipeline

Renren Inc. broke below its initial public offering price of $14 Wednesday, plunging 12 percent to $13.04 in midday trading before closing at $13.49, posting a negative total return of 4 percent. The first week’s dismal performance for Renren following its IPO has aroused concerns about other Chinese IPOs waiting in the pipeline.

Read more