Brian Uzzi on Insect-Like Synchronization Among Day Traders
Cris Sheridan welcomes Brian Uzzi, a globally recognized scientist and researcher at the Northwestern Institute on Complex Systems. Brian explains the results of a study he and his team of researchers conducted showing that day traders unconsciously synchronize their trading patterns in a manner similar to the behavior of insects, birds, or schools of fish. Cris and Brian explain how this occurs not just for living organisms but with non-living things as well and how this relates to the proliferation of high frequency trading algorithms in the market. For full access to the interview, please login or click here to subscribe.