Years ago I learned from a "60 Minutes" episode that day trading algo computers (High frequency trading) are programmed to make 40 million trades per day on hundreds of stocks at a simple 1 cent profit per trade. That's $400,000 per day.
Found the link...
Bruce knows people and so does Terry Matthews. Matthews started Mitel, Mitel sold to a private equity firm for $2 billion. Bruce mentioned he sold a dot.com company to Microsoft back in the day...so they have connections.
If you have a chance, watch the "60 Minutes" spot...very interesting.
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