algorithmic trading
How the Stock Market Is Rigged, According to a Robo-Trading Whistleblower
It's just like a Metallica ticket line full of teleporting scalpers.
When Wall Street Robots Go Rogue, Banks Lose $10 Million a Minute
Wall Street robots went rogue on Wednesday unleashing a torrent of trades that wreaked havoc on the markets and cost one firm nearly half a billion dollars, or about $10 million a minute. It was a “mini flash crash,” experts called it, bringing back...
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