Shut up!

First Published in Automated Trader Magazine Issue 24 Q1 2012

Key feature of today's electronic markets is noise, says Shayla Walmsley. But does that matter? Should we care?

Cast your mind back to pre-history, 2008 to be exact. It was not exactly a time of unparalleled naïveté, unless perhaps you had just talked your way into a first job at a remote and out of touch Savings & Loan, structuring these new-fangled derivative products around 110% mortgage instruments coming out of the Midwest, but it was nevertheless still a time when it was possible to be surprised by the wrong kind of surprises. We all knew by then - didn't we ju

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