Things we're reading today include …
To be honest, there are more things worth watching than reading at the moment.
For example, this guide to high frequency trading from the folks at the MarketPlace:
High-frequency trading from Marketplace on Vimeo.
And an interesting chat between the Telegraph's Robert Miller and David Buik of BGC Partners,
about which bank shares to buy after the UK banks reporting season came to a close:
Talking of bonuses, here's a great chart from Financial Services Technology showing the US banks' TARP to Bonus ratio:
(Click to enlarge)
Other than that, there wasn't much news yesterday except for an article about the issues Americans have with Chip & PIN EMV cards – U.S. magnetic stripe credit cards on brink of extinction? (CreditCards.com) – so here's a few other interesting articles:
Stats Confirm It: Teens Don’t Tweet (Mashable)
Teens Don't Tweet… Or Do They? (Zephoria)
Twitter’s platform shortcomings (Scobleizer)
Quote of the Day:
"The borrowers who are most likely to face rejection today are property
developers, closely followed by investment bankers and hedge fund
managers."
Mortgage lenders turn backs on those in ‘risky’ businesses (Times)