What Terrorists Can Learn From the ‘Flash Crash’ Stock Trader
Navinder Singh Sarao was arrested this week in London for crimes related to using algorithms and automated trading to trigger the 2010 “flash crash” that wiped $1 trillion from the markets.
Syrian Hackers Hijack IDF Twitter Sparking Fears of Nuclear Leak
In the second time in a week, the Syrian Electronic Army attacked IDF social media, tweeting out a warning of a nuclear facility attack.
Can We Stop Overreacting To Computerized Trading?
Such are the crazy times we live in, where a single rumor can cause the entire system to crash, even momentarily.
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...