'The Wall Street Code' Explores the Market's Secrets
People for decades have wondered what is the real the truth about Wall Street. And while it still remains an unanswerable question, those on the inside aren't afraid to drop some its secrets.
The Wall Street Code made its YouTube (NASDAQ: GOOG) premiere on November 5, courtesy of VRPO Backlight. The 50-minute film is director Marije Meerman's third in a series of insider tales. This one takes audiences on a gripping tale about a wise algorithm builder, Haim Bodek, who dared to stand up against Wall Street.
“The Algo Arms Dealer” earned a B.A. in Mathematics and Cognitive Science at University of Rochester. He has held various positions with Magnify, Goldman Sachs (NYSE: GS), Sixfold Technologies, UBS (NYSE: UBS) and Trading Machines.
The film centers around Bodek and his once-powerful work as algorithm builder was brought down by the "queue jumpers" within Wall Street. This is highlighted with Bodek's analogy to standing in line for tickets for one of his favorite bands, Metallica.
Among those interviewed for the film is Thomas Peterffy of Interactive Brokers (NASDAQ: IBKR), who discusses his "original iPad" that he made and used in 1983. The film also visits Bodek's work at the Sang Lucci barracks in New York City.
Meerman and crew did a fantastic job with the production, keeping the film entertaining for both market experts and the layman who maybe just wants to learn something new.
The film is from the makers of Quants: the Alchemists of Wall Street and Money & Speed: Inside the Black Box. Code is the final episode of a trilogy in search of the winners and losers of the tech revolution on Wall Street. Could mankind lose control of this increasingly complex system? Tune in to find out more.
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