A Linkstock of items I’ve been meaning to post:

Measuring arbitrage in milliseconds (Dow Jones Newswires) — High-frequency traders (who do the majority of the share volume these days) talk about arbitraging between one exchange and another that is milliseconds faster in trade execution.

How to look at the Dow (Portfolio) — Felix Salmon calls it “silly but ubiquitous.”

Adapt, Change, Survive - The DJIA Needs Adjustment (Ticker Sense) — Laszlo Birinyi a bit earlier on the same topic.

Ian Bremmer on sovereign defaults (Portfolio) — The peerless Felix again, interviewing the head of Eurasia Group, which particularly caught my eye because we recently announced that NYSE Euronext is offering Eurasia’s global political risk assessments to listed companies.

New York museum opens exhibit on credit crisis (Reuters) — Sounds like a good effort by the museum to demystify the crisis.

Tails of Manhattan (New Yorker) — Delicious tale (tail?) of revenge against Bernie Madoff, served up by Woody Allen. And to think that Paul Kedrosky was saying just last week that no one writes anything funny about finance.

And one more to close out your made-it-through Monday:

Today in NYSE History
30 March 1981– President Ronald Reagan was shot in an assassination attempt; as the news reached the trading floor, the market closed at 3:17 p.m.