I’m not sure I have any idea what this is really talking about. But I love the idea that there are people out there who are “Econophysicists.” The article is called:

Ultrafast Trades Trigger Black Swan Events Every Day, Say Econophysicists
The US financial markets have suffered over 18,000 extreme price changes caused by ultrafast trading, according to a new study of market data between 2006 and 2011

I remember a student once showed me there is a graduate department of Econophysics at the University of Houston. Here’s how they describe it:

Econophysics, also known as the physics of finance, is the study of the dynamical behavior of financial and economic markets. Recently, a vast amount of market data has become available allowing empirical studies of market behavior to be performed.

In the econophysics group at the University of Houston, we begin with these empirical studies to measure what…

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