In a recent article, you quoted Sen. Ted Kaufman as saying, "Human beings were no longer doing the trading, computers were. They developed these algorithms. It ran automatically. It grew and grew. There is no way to know what is going on. No one knows what is happening in these exchanges when this trading is going on. We have a very dangerous situation."
Are the individuals initiating this high-frequency trading aware of what the potential for damage could be, or do they simply not care?
brentnoose11 karma
In a recent article, you quoted Sen. Ted Kaufman as saying, "Human beings were no longer doing the trading, computers were. They developed these algorithms. It ran automatically. It grew and grew. There is no way to know what is going on. No one knows what is happening in these exchanges when this trading is going on. We have a very dangerous situation."
Are the individuals initiating this high-frequency trading aware of what the potential for damage could be, or do they simply not care?
View HistoryShare Link