Tracking a Changing Marketplace It’s a media feeding frenzy! Michael Lewis’ new book Flash Boys has created a stir among investors and regulators alike as they scramble to understand the ins and outs of high-frequency trading (HFT). To make a long story short, HFT has been around for longer than 15 years. So, this is […]

On January 1, 1994, President Bush, Canadian PM Mulroney, and Mexican President Salinas negotiated the historical North American Free Trade Agreement. The establishment of NAFTA marked the first time two developed countries had invited a developing country into their trade bloc.  Could this three-country trade bloc compete effectively against the much larger, newly-formed European Union? […]