GO
Loading...

Wall Street History: High Frequency Trading Is Nothing New

Friday, 9 Mar 2012 | 6:42 PM ET

These days you can’t go 10 feet on Wall Street without hearing something about high frequency trading or ultra-fast computer trading.

It’s a sensitive issue and one that generates a great deal of controversy.

Though high frequency trading is a reasonably new phenomenon, shrewd market strategies have been part of the market for centuries.

In this latest installment of our special series on Wall Street History, CNBC’s Tyler Mathisen looks at some of the most ingenious– if not outrageous - strategies used in the 19th century by financial pros.

You won’t believe the lengths they’d go to! Get all the details in the video below. It’s only 2 minutes and we think you’ll enjoy it!


High-Frequency Traders Not New
In this edition of our Wall Street History series, Tyler Mathisen looks at the shrewd and somewhat outrageous strategies used by financial pros in the 19th century to get a leg up on the competition.

Want more Wall Street History? Click below:
> Why Are Buyers Called Bulls?> Why Are Sellers Called Bears?





______________________________________________________
Got something to to say? Send us an e-mail at fastmoney-web@cnbc.com and your comment might be posted on the Rapid Recap. If you'd prefer to make a comment, but not have it published on our Web site, send those e-mails to fastmoney@cnbc.com.

CNBC.com with wires.

Contact Fast Money

  • Showtimes

    Halftime Report - Weekdays 12p ET
    Fast Money - Weekdays 5p ET
  • Melissa Lee is the host of CNBC's “Fast Money” and “Options Action.”

  • Scott Wapner is host of the "Fast Money Halftime Report," which airs weekdays from 12 p.m. to 1 p.m. ET.

  • Guy Adami is a contributor on CNBC's "Fast Money." He also is managing director of stockMONSTER.com.

  • Najarian, the "Pit Boss," is cofounder of optionMONSTER.com, a news site for options traders.

  • Finerman is president of Metropolitan Capital Advisors, Inc., a company she co-founded.

  • Founder of EmergingMoney.com

  • Chief Market Strategist for Virtus Investment Partners & CNBC Contributor

Halftime Report