Robert P. Bartlett III and Justin McCrary paper cited by Seeking Alpha, Sept. 8, 2016
Robert P. Bartlett III and Justin McCrary used data from the Securities Information Processors (SIPs) to look at reporting lags and the question whether fast traders can and do profitably exploit stale quotes. The proposition that they do pick off stale quotes is one of the theses of Michael Lewis’ 2014 book, Flash Boys.
Robert Bartlett and Justin McCrary study cited by Barron’s, Sept. 3, 2016
The study, by Robert Bartlett and Justin McCrary, scoured 385 million stock trades and 6.2 billion price quotes for signs that high-tech scalawags routinely front-run the rest of us by exploiting faster access to stock quotes. Contrary to Lewis’ scare story, the pair found that slow or fast quotes made no difference in pricing 97% of the trades. And on the remaining trades, the pricing differences actually favored the slow trader.
Robert Bartlett and Justin McCrary quoted by Reuters, July 29, 2016
Professors Robert Bartlett and Justin McCrary said their findings contradict the common belief that fast traders systematically exploit others who rely on public data feeds, which in the past were notoriously slow.
Robert P. Bartlett III and Justin McCrary write for The New York Times, Dec. 18, 2015
Media attention to latency arbitrage might be novel, but the issue is hardly a new one; investors have voiced concerns about exchanges’ preferential distribution of market data since at least 1975. In light of the S.E.C.’s unwillingness to take any action, IEX and its backers simply took matters into their own hands.
Justin McCrary quoted in San Francisco Chronicle, Dec. 31, 2015
Banks have been successful at limiting the amount of cash on hand and initiating other “target hardening” efforts. “It’s not as lucrative today,” McCrary said. “It’s either a crime of desperation or a crime of the uninformed.”
Justin McCrary quoted in The Daily Californian, August 3, 2015
“For myself and probably for most people, I don’t really care whether you’re wearing military fatigues or black pants,” McCrary said. “What I really care about is whether police are trying to take care of the community and help people get along with their lives.”
Justin McCrary quoted in The Stack, July 10, 2015
Justin McCrary … submitted an independent testimony outlining that “many current drivers who have used the Uber app for referrals would be harmed if it were commonly found that the use of the Uber app turned every driver into an employee of Uber.”
Justin McCrary cited by Forbes.com, July 9, 2015
Uber filed three documents: one opposing the class-action certification, an expert opinion from UC Berkeley law professor Justin McCrary, and one with a selection of quotes from Uber drivers saying how much they love being independent contractors.
Justin McCrary interviewed for KQED-FM, July 2, 2015
“The goal that we had was to look back over the past half century of U.S. experience with respect to police hiring … trying to understand the extent to which it’s true that police get hired in idiosyncratic years versus years that are, for example, associated with fears about an upcoming crime wave. And what we largely determined is that there seems to be a lot of idiosyncrasy with respect to police hiring.”
Justin McCrary quoted in The Sacramento Bee, January 27, 2015
“Law enforcement agencies have to appeal to people’s sense of duty and civic participation by getting out into the community and insisting that the goals of the Police Department are to represent the city and serve the city – and that includes every aspect of the city,” McCrary said. “Every neighborhood, every block, every citizen.”