“Some of the carnage on Wall Street yesterday was apparently caused by technical errors. … If computerized trading is found to have accelerated the slump, this may strengthen demands for tighter regulation of high-speed trading. But to blame human error and algorithms entirely would be far too sanguine. The market was already falling when the freefall occurred.”
Search
Wall Street’s Swoon
If computerized trading is found to have accelerated yesterday's trading carnage on Wall Street, it may spark demand for tighter regulation of high-speed trading.
Special Issue
George Raveling — the iconic leader who brought Michael Jordan to Nike — shares with Big Think a lifetime of priceless wisdom learned at the crossroads of sports and business.
14 articles