“Day traders tend to coordinate their behaviour in the same way that cicadas synchronise their chirping,” reports the Physics arXiv blog. The discovery is explained in detail in the study: “Synchronicity, Instant Messaging And Performance Among Financial Traders,” Serguei Saavedra, Kathleen Hagerty and Brian Uzzi. arxiv.org/abs/1110.0381. The authors are atNorthwestern University, Evanston, Illinois, USA. They say: “racing to […]