Posted inUnited States, World

Why algorithmic trading is dangerous

On May 6, 2010, the Dow Jones Industrial Index slumped nearly 1,000 points, losing almost 9% of its value in minutes. What quickly become known as the “Flash Crash” had wiped more than $862 billion off the American stock market. Who was behind it? Widespread finger-pointing and speculation ensued. Was it caused by a rogue computer […]

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