Citadel

Five Ways To Short Bitcoin

Looking to put bitcoin’s rise in context? How about this: Over the last five years, the world’s most valuable digital currency has risen an astonishing 11,000,000%. Furthermore, since Jan. 1, it has climbed 950%, compared with a total return of 18% for the S&P 500.

Frontrunning: October 31

  • Mueller’s Moves Signal Broad Scope (WSJ)
  • Spain awaits next move by ousted Catalan leader from Belgium (Reuters)
  • China, South Korea agree to mend ties after THAAD standoff (Reuters)
  • For Manafort, Questionable Airbnb Sublets Became a Family Affair (BBG)
  • U.S. business group worries Trump unprepared for commercial talks with China (Reuters)

DARPA Asks HFT Traders How Hackers Will Crash The Market

Among the potential scenarios probed by the Pentagon: Hackers could inject false information into stock-data feeds, sending trading algorithms out of whack; or they could flood the stock market with fake sell orders and trigger a market crash.

Goldman Interviews Former Head Of The Plunge Protection Team

"Purchasing a wider set of assets—as do some other central banks—might enable the Fed to have a larger effect on financial conditions and promote faster recoveries. But it would also involve putting more taxpayer money at risk and having an imprint on a wider set of risk premiums in the market."