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  • Advanced Trading. The community for innovative traders
    • Ivy's Wall

  • Asset Classes
    • Equities

      • Is it Time to Tweak, Keep or Scrap Reg NMS?
      • Australia's Economy Hitting Turbulence
      • And The Buy-Side Trading Technology Advantage Goes To....?
      More Equities
    • Derivatives

      • 60 Percent of Derivatives Users Unprepared for Dodd Frank and EMIR —Study
      • Taiwanese Bank Extends License with Fenics for FX Options System
      • Markit Launches CLO Pricing Service
      More Derivatives
    • Fixed Income

      • Europe's MTS to Launch an E-Bond Platform for U.S. Institutions as Interest Heats Up
      • Australia's Economy Hitting Turbulence
      • And The Buy-Side Trading Technology Advantage Goes To....?
      • More Fixed Income
  • Algos
    • Top Story

      Is Trading Via Microwaves Ready for Prime Time?
      As traders look for the fastest way to trade, one connectivity provider may have an answer: Sending data and trade orders via microwaves. So, what happens when it rains?
    • Algos News

      • Is Trading Via Microwaves Ready for Prime Time?
      • Regulators vs HFT Firms Debate: Who Blinks First?
      • Barclays Unveils Automated Capital Commitment for Algo Trading
      More Algos News
    • Quick Links

      • HFT Debate: Two Experts Square Off On Market Structure
      • Regulators vs HFT Firms Debate: Who Blinks First?
      • Nasdaq, CME Building Superfast HFT Link
      • Winton Capital’s Hedge Fund Closes Amid No Interest
  • HFT
    • Top Story

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      • HFT Firms Flood DC with Donor Dollars
      • Is Trading Via Microwaves Ready for Prime Time?
      • HFTs Chase Speed Despite Risks and Regulations
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  • Exchanges
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      • The Rich Past and Uncertain Future of the NYSE
      • Nasdaq OMX Launches ETF Exchange
      • Nasdaq OMX to Re-Launch PSX for Exchange Traded Products
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  • Dark Pools
    • Top Story

    • Dark Pools News

      • ConvergEx Reduces Latency of Millennium ATS By 75%
      • Barclays Commits to Reporting Volumes of Dark Pool
      • Nasdaq OMX Launches ETF Exchange
      More Dark Pools News
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  • EMS/OMS
    • Top Story

    • EMS/OMS News

      • TradingScreen Adds FX Functionality for Dodd Frank Compliance
      • Patent Issued to RealTick EMS for Staging of Electronic Orders
      • Linear Investments Selects TradingScreen's TradePrime
      More EMS/OMS News
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  • Data Infrastructure
    • Top Story

    • Data Infrastructure News

      • Barclays Commits to Reporting Volumes of Dark Pool
      • Bloomberg Taps Former IBM CEO As Privacy and Data Advisor
      • Arialytics Unveils Predictive Analytics Platform
      More Data Infrastructure News
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  • Regulation
    • Top Story

    • Regulation News

      • Prosecutors Circling, SAC Hedge Fund May Shut Down
      • The Rich Past and Uncertain Future of the NYSE
      • HFT Firms Flood DC with Donor Dollars
      More Regulation News
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  • Managing The Desk
    • Top Story

    • Managing The Desk News

      • Prosecutors Circling, SAC Hedge Fund May Shut Down
      • Is Your Bloomberg Terminal Spying On You?
      • Credit Suisse Sues Former VP Over Secrets
      More Managing The Desk News
    • Quick Links

  • TCA
    • Top Story

    • TCA News

      • Monash Investors Adopts Imagine Portfolio, Risk Tools
      • Goldman Tops Global Prime Broker Rankings
      • ITG Rolls Out TCA for Institutional FX Trading
      More TCA News
    • Quick Links

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    Brooke Allen
    30-Year Industry VeteranBrooke Allen is a 30-year industry veteran who most recently founded a quantitative trading desk now celebrating its 17th year in continuous operation. For years he wrote a monthly piece for International Family Magazine, in 2009 he founded NoShortageOfWork.com to discuss work life, and in 2011 he created Questions For Colleges (Q4Colleges.com) to discuss issues facing higher education. Now he is beginning a series for us here on his beloved Securities Industry. Before you decide to trust him or collaborate with him, look at BrookeAllen.com where you will find his Personal Disclosure Statement.

    Articles by Brooke Allen


    • Can We Do Better? Stealing Other People's Property
      April 16, 2013
      Banks have long been creating products that are so complex that clients, risk managers and even some of the firm's own salespeople can't understand what is actually in them.
      + Comment
    • Do Our Industry's Problems Stem From Bad Parenting?
      April 01, 2013
      The problems of our industry boil down to spectacularly bad parenting.
      + Comment
    • What Need for Speed?
      March 18, 2013
      So you think our modern market has fewer opportunities for gaming? Think again. A brief history of how someone can beat you in the market.
      + Comment
    • Can We Do Better? Take the Securities Industry Objective Quiz
      March 11, 2013
      We should be honest about our true objectives.
      + Comment
    • Take It or Leave It: Is it Fair to Expect Fairness?
      March 04, 2013
      Social scientists have invented a test to determine how much you care about fairness. Read about it and then take the test.
      + Comment
    • Can We Do Better? Ethics Needs to Come Out of Hiding
      February 22, 2013
      Do you think "Ethics" should be more ingrained in every part of the business, rather than just an afterthought, or separate HR course? And should it have its own category on this site, rather than bury it?
      + Comment

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