Relevant:
- Too Fast To Fail: Is High-Speed Trading the Next Wall Street Disaster?
- Errant Trades at Knight Capital Reveal a Risk Few Expected
- BATS close to settling high-speed trading case in U.S.
- Anatomy of A High Frequency Algorithm Attack on Gold - Dimitri Speck
- Beyond Wall Street, Curbs on High-Speed Trading
2012-12-29 — yahoo.com
This year, exasperation over the predominantly electronic mechanics of trading stocks, in which hyper-fast computer algorithms maneuver against one another for fractions of pennies collected over microseconds, boiled over. The level of disgust has gotten broad enough, in fact, that authorities might be prepared to rethink some of the basic rules and processes driving the system.
The article reviews some of 2012's computer trading "hall of shame" entires, including the Facebook IPO, the BATS IPO (all the more shameful because BATS itself was a new-fangled exchange), Knight Capital's "rogue program" meltdown.
source article |
permalink |
discuss |
subscribe by:
|
RSS |
email 
Comments: Be the first to add a comment
add a comment | go to forum thread
Note: Comments may take a few minutes to show up on this page. If you go to the forum thread, however, you can see them immediately.
