Here's an interesting take on the "Flash Crash" that caused the DOW to drop 1000 points in a matter of minutes on May 6, 2010. Talks about a number of factors that helped cause it and focuses on how high-frequency trading is affecting markets (summary of high-frequency trading at 1:25 mark). Also, make sure to listen to the "Indy Car" analogy at the 11:40 mark in the video...
Saturday, May 8, 2010
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